Lecture 8. No Surprises..., Kiwi Design Build! Flashcards

1
Q

What does SIA stand for?

A

Selection on intent and ability

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2
Q

What does RFT stand for?

A

Request for tender

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3
Q

What does SQP stand for?

A

Supply Quality Premium

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4
Q

What does TCA stand for?

A

Tangible Cost Adjustment

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5
Q

What is the 2 step tender process?

A
  1. Evaluation of their non-price attributes (SQP, TCA)

2. Price evaluation

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6
Q

What is SQP?

A

Resources, track record, methodology, relevant experience, management skills and technical skills.

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7
Q

What is TCA?

A

What does the agency have to pay if they negotiate it towards the preferred standard.

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8
Q

What does PS stand for?

A

Procedure Statement.

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9
Q

Key points of bidding:

A

Successful bidder uses innovation to increase the value of bid.
Lowest evaluation bid is preferred supplier.
Specimen design + additions where value can be added is most competitive.

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