Single Stage Tendering Flashcards
1
Q
What is single stage tendering?
A
- Process whereby ITT docs are issued to tenderers to submit a complete and final tender in response to a project’s requirements and specifications.
2
Q
What are the key advantages of single stage tendering?
A
- The employer benefits from a competitive tendering process which can lead to more competitive pricing.
- The employer can benefit from a fixed price through this tendering process (more cost certainty).
3
Q
What are the disadvantages of single stage tendering?
A
- Lack of buildability input from contractor (at point of tender).
- The price is only as good as the design information.
- Contractors may be unwilling to tender in a good economic climate (too much competition).
4
Q
If you had a £25m new build project under design and build procurement (single stage), how long would you allow for the tender period?
A
- Typically 10-12 weeks would be reasonable but it is largely dependent on the complexity of the project.