Procurement And Tendering Flashcards
What are payment timescales for jct contract?
From relevant date this is seven days, the client then has five days to certify and payment must be made within 14 days.
What are insurance options for the works?
There are three options, A,B and C. A, is insurance taken out by the contractor and covers full reinstatement including professional fees, it is solely the contractors responsibility to ensure the works are and remain insured. Option B covers the same particulars however it is the employer responsibility to insure. Option C, requires the employer to take out two insurances, (1) insurance for existing structures and their contents, and (2) all risks insurances for the works. This is appropriate for existing buildings that are operational.
On 43 Bath Street why did you advise traditional procurement?
To enable the client full control of the design and construction
On 43 Bath street how did you get a pre tender estimate at RIBA stage 2? And is the right thing to do?
This is actually a ‘cost plan’. This was based off the Architectural concept. I advised my client that this was high level and noted that because the estimate did not have associated technical detail may yield inaccurate pricing.
What is PAS 91?
Standardised pre qualification questionnaire
Why do a PQQ?
Reduces the amount of potential tenders
Save time processing inappropriate tenders
For 43 Bath Street, what information did you request for the PQQ?
Company details Insurance Relevant experience Health and Safety policy Environmental policy Equal Opportunities policies
What is the most important practice note for procurement and tendering?
RICS Tendering Strategies 1st Edition
What is the main difference in two stage and single stage tendering?
single stage submitted once all technical design is complete
2 stage is when the contractor is brought on board at prior to RIBA stage 4 to help design.
What are the advantages and disadvantages with Design and Building Procurement?
Pros
Allows design and construction to overlap
Risk is transferred to the contractor
Provides greater cost certainty
Cons
Yields lower quality of work
Lack designs clarity
What does PAS stand for?
Publicly accessible information
How do you ensure there is no ambiguity in undertaking your role for the client?
Ensure i supply then with minutes of meetings and confirm instructions
What are KPI’s and what are they used for?
These are Key Performance Indicators. These can be used for monitoring costs, track progress, identify strengths and weaknesses and assess specific areas of a project such as sustainability.
These are Key Performance Indicators. These can be used for monitoring costs, track progress, identify strengths and weaknesses and assess specific areas of a project such as sustainability.
What is a project execution plan?
This is a framework setting out the management of a project
What is in a project execution plan?
Project definition Cost plan Management roles and responsibilities of the parties monitoring and reporting coms