Lecture 7 - Tendering & Contract Selection Flashcards

1
Q

Tendering

A

Obtaining offer from a contractor, which can be accepted by the employer

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2
Q

Tendering Process

A

1) Tender Documents
2) Tender Options
3) Tender Period
4) Tender Returns
5) Choosing Tender
6) Acceptance

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3
Q

1) Tender Documents

A

Designers prepare documents on behalf of employer. Describing what is to be built, how is it paid and other info (site, works, conditions)

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4
Q

2) Tender Options

A

Different ways for employer to select most suitable contractor

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5
Q

Single Bid - Open Tendering

A

Any interested party

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6
Q

Single Bid - Selective Tendering

A

Selected list of “suitable” parties

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7
Q

Single Bid - Pre Qualification

A

contact fills out questionnaire , then put on list

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8
Q

Single Bid - Negotiated

A

Negotiations with know/trusted employer

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9
Q

Two Bid - Two Stage Selective

A

1) Bids on “basic version” of project, become preferred contractor and works with design team
2) Submit price for final tender for complete design

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10
Q

Two Bid - Framework Agreement

A

Tender to construct a number of projects

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11
Q

3) Tender Period

A

4-8 weeks to respond to questions and clarifications and pricing of tender

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12
Q

Pricing A Tender

A

Considering documentation, risks, requirements and funding needed

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13
Q

4) Tender Returns

A

Must be submitted by closing date at place/manner of instructions

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14
Q

5) Choosing Tender

A

“tender report” is produced that balances the cost, quality and time of tender

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15
Q

6) Acceptance of Tender

A

Chosen based of tender report, writes a formal letter of acceptance

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