Procurement & tendering

Question 1

what is procurement

Answer 1

act of obtaining goods & services

Question 2

what is tendering

Answer 2

how you go about obtaining goods and services

Question 3

types of tender

Answer 3

open tender
competitive tender
single source

Question 4

difference between 2 stage tender process and single stage tender process

Answer 4

single stage - full design and price based on that
2 stage- limited design, price on overheads & profits and then firm up in 2nd stage
market prefers 2 stage as less expensive to bid for

Question 5

what is a negotiated tender ?

Answer 5

through single source, confirm tender price
examples- bloomberg- BES/ sweco/ F+P
Barclays- ISS

Question 6

long lead items (SOE)

Answer 6

SAS ceiling- 36wk lead time, needed order placed before contractor was onboard. Order was placed and then they were novated to the contractor
requested at stage 3 the long lead items from the consultants any risk items, these were placed with teh contractor under PCSA, using advanced payment and protected with a bond

Question 7

contract design portion

Answer 7

staircase- riskier design item, client wanted to pass over the risk
based on set of employers requirements,
then signed off following the design submission procedure, in schedule 1 of the JCT contract
the design then gets status
A- approved no comments
B- Approved with comments
C- rejected