RICS Guidance Note Flashcards
What are the main types of tendering strategies outlined in the guidance note?
Single stage
Two stage
Negotiated
What is ECI in the tendering strategies guidance note?
Early contractor involvement - form of negotiated tender, contractor is essentially the lead designer and is appointed very early.
The contractor creates the design team
What should a PTE be carried out in accordance with as stated in the tendering strategies guidance note?
NRM1
Why is the PTE important?
It allows for analysis between the tender returns and the cost managers PTE.
What are the 3 main types of contractor selection as outlined in the tendering strategies guidance note?
Open Tendering - allows anyone to express an interest in the tender, advertised on ‘Find a tender’, previously OJEU
Selective Tendering - shortlist drawn up by client/project team. Could be done through a pre agreed framework
Single Contractor Selection - essentially negotiation