Tenders are sought from a number of contractors based upon tender documents (Usually BQ, Specification and Drawings) Tenders are assessed and a contractor appointed based upon chosen criteria defined to suit the project.
In most cases, the choice criteria involved in the contractor selection will be based upon the most economic cost, but can also be based upon the programme, quality of design solution (in the case of a Design and Build Tender) or a mixture these criteria.
Where clients need lump-sum cost commitment from their contractor and they have the time
available, single-stage tendering continues to be a viable route for obtaining good-quality
bids.
However, in an increasingly time-driven and consolidated tender market and with a
greater transfer of design responsibility to the supply chain, many clients find themselves
having little option but to go down the two-stage route. In the final analysis, whether the two-stage route adds value will depend more on the quality of the design information and postcontract relationships than on the basis on which the contract was bought.
Images related to the topic e tender financial bid opening
04 Selective Tendering and Scenario
Search related to the topic 04 Selective Tendering and Scenario
#Selective #Tendering #Scenario
04 Selective Tendering and Scenario
e tender financial bid opening
See all the latest ways to make money online: See more here
See all the latest ways to make money online: See more here
