Pre-contract Stage
4.2
Pre-contract Stage
Contractor’s Tendering Procedure
• Agreement to tender
• Decision to tender
• Examination of tender documents
• Estimating process timetable
• Enquires of quotations
• Method statement and tender programme
• Site visit
• Outstanding information resolved with consultants
• Pricing process
• Adjudication
• Submission of tender
*In pricing process:
• All-in-rates for trade items or BQ
• Domestic sub-contractors and suppliers
• Nominated sub-contractors and suppliers
(prime cost and provisional sums)
• Preliminaries and conditions of contract
• Daywork charges
• Allowance for firm-price tender
• Project overheads
• Profit and risk
Tender Stage
At tendering stage for the main contract, a contractor has to be deciding which parts of the work to be taken up by sub-contractors. Since tendering for the sub-contractors are to be carried out simultaneously with the tendering of the main contract. The potential sub-contractors and suppliers’ prices may be included when pricing the main contract’s tender. Usually the tendering process for sub-contractors will be less formal, normally be selective tendering or informal negotiations. Sometime the Main contract’s estimator may just simply call up a few better acquainted sub-contractors to get quotations. It is important that quotations or priced sections of the BQ being submitted by the sub-contractor within scheduled time to suit the main tender.
Final Account
Bills of Quantities
• All Work and Liability are itemized with Quantities
– Prepared by Client (with consultants e.g. QS)
– Released for pricing by Tenderers
– Form a same scope of works for pricing
– Quantities form part of Contract
– Each Item Quantity x Rate inserted by Tenderer = Amount of Item
– Sum up the Amounts of Items to get the Total i.e.
Tender Sum
Schedules of Rates
• All Work and Liability are itemized but the Client is not responsible for the measurement of Items Quantities
•
Pre-contract Stage
Contractor’s Tendering Procedure
• Agreement to tender
• Decision to tender
• Examination of tender documents
• Estimating process timetable
• Enquires of quotations
• Method statement and tender programme
• Site visit
• Outstanding information resolved with consultants
• Pricing process
• Adjudication
• Submission of tender
*In pricing process:
• All-in-rates for trade items or BQ
• Domestic sub-contractors and suppliers
• Nominated sub-contractors and suppliers
(prime cost and provisional sums)
• Preliminaries and conditions of contract
• Daywork charges
• Allowance for firm-price tender
• Project overheads
• Profit and risk
Tender Stage
At tendering stage for the main contract, a contractor has to be deciding which parts of the work to be taken up by sub-contractors. Since tendering for the sub-contractors are to be carried out simultaneously with the tendering of the main contract. The potential sub-contractors and suppliers’ prices may be included when pricing the main contract’s tender. Usually the tendering process for sub-contractors will be less formal, normally be selective tendering or informal negotiations. Sometime the Main contract’s estimator may just simply call up a few better acquainted sub-contractors to get quotations. It is important that quotations or priced sections of the BQ being submitted by the sub-contractor within scheduled time to suit the main tender.
Final Account
Bills of Quantities
• All Work and Liability are itemized with Quantities
– Prepared by Client (with consultants e.g. QS)
– Released for pricing by Tenderers
– Form a same scope of works for pricing
– Quantities form part of Contract
– Each Item Quantity x Rate inserted by Tenderer = Amount of Item
– Sum up the Amounts of Items to get the Total i.e.
Tender Sum
Schedules of Rates
• All Work and Liability are itemized but the Client is not responsible for the measurement of Items Quantities
•