Tendering 2 Flashcards
1
Q
tender documents
A
- Bill of quantities
- Return envelope
3.specifications - Form of tender
- Instructions to tenders
- Article of agreement and conditions of contract
- Drawing
2
Q
Tender stages (5)
A
- Decision to tender
- Collection of information
- Preparation of estimate
- The adjudication
- Action with successful tender
3
Q
The decision to tender factors
A
- Type of contract
- Tendering period
- Contract period
- Market conditions
S. CT’s current workload - Business strategy
- Competition
- Annual turnover level
4
Q
Collection of information involves
A
- Dispatching enqueries
- Visiting the site
- Visiting the architects office
- Recipt of quotations and escriminations
S. Meeting with plant and contract manager preliminary program, construction methods and hiring plant requirements - Mechanical process of pricing bow