Frameworks and Procurement in General Flashcards

1
Q

734 What is a framework?

A

A framework is a long term agreement between two or more parties to work together and will usually span over multiple years and or projects.

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2
Q

735 How long can a framework be?

A

There is no set timeframe for a framework although due to their nature they are most likely to be multiple years. Typically set at 4 years year but can range between 2 and 10.

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3
Q

736 What are the key advantages of Frameworks?

A
  • Sharing of risks
  • Improved relationships
  • Symbiotic relationship
  • Can ensure longer pipelines of work, repeat work and continuity of work
  • Timesaving – No need to constantly retender
  • Rates and prices agreed upfront so helps with forecasting of future spending
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4
Q

737 What are the key disadvantages?

A
  • May restrict innovation as new companies with new ideas won’t be involved
  • Can breed compliancy
  • Could bid for the framework but not actual get any work through it if successful
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5
Q

738 Why might the Client chose a framework agreement to procure goods and services?

A
  • Saving on procurement and tendering cost long term
  • Allows relationships to be developed
  • Can help with forecasting for cost as the rates are most likely fixed
  • Projects can be done on a call off basis.
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6
Q

739 What is the difference between a framework agreement and a contract? (224)

749 What happens to OJEU now that the UK has left the EU?
As of the 1st January 2021 the UK is no longer subject to EU procurement rules (OJEU). Tenders are now published on a new e-tendering portal called “Find a Tender Service” FTS)
750 What RICS guidance has been published on tendering strategies?
Tendering Strategies 1st Edition

A

A contract is a one off agreement between two parties to act in a certain way it provides a specific purpose. A framework agree is an agreement between two parties to at in a certain way over a longer period of time and rarely have one specific project in mind

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7
Q

743 What is tendering?

A

A process whereby a Client invites contractors to bid for work. In construction:
* Single stage
* Two stage
* Negotiated

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8
Q

744 What is the difference between procurement and tendering?

A

Procurement is the overall action of obtaining good and services from external sources.
Tendering is the phase in procurement where a price is obtained and deciding how the contract will be awarded.

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9
Q

746 What documents should you include in a tender pack?

A
  • ITT letter
  • Form of contract
  • Contract amendments
  • Instructions to bidders including how errors will be dealt with (left to stand or amended)
  • Tender scoring matrix
  • Scope of works or services
  • Pricing documents
  • Drawings and specifications
  • Site information
  • Quality documents such as experience
  • Preconstruction information
  • Receipt of tender
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10
Q

747 What is a bona fide tender?

A

A bid submitted in good faith, in a prescribed complete form which meets the conditions of the bidding requirement. Confirmation that the supplier has not colluded with another party when compiling its tender.

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11
Q

749 What happens to OJEU now that the UK has left the EU?

A

As of the 1st January 2021 the UK is no longer subject to EU procurement rules (OJEU). Tenders are now published on a new e-tendering portal called “Find a Tender Service” FTS)

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12
Q

750 What RICS guidance has been published on tendering strategies?

A

Tendering Strategies 1st Edition

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