Contract & Procurement Advice
What Does Contract & Procurement Advice Offer?
Provides strategic advice on the most cost-effective procurement methods, supplier selection, and contract negotiation to optimize project expenditure.
The Benefits
- Guides you through critical pre-tender decisions with potential cost implications.
- Develops a procurement strategy tailored to your needs.
- Covers contract forms and stipulations, such as union vs. open-shop labour and bidder prequalification.
Tender Addendum Management
What Is Tender Addendum Management?
Tender Addendum Management involves handling clarifications and additional details that arise after a project has been issued for tender. It ensures that all changes or additions to the tender documentation, specifications, and drawings are clearly communicated and their cost impacts are accurately assessed.
The Benefits
The lead designer prepares addenda in response to these requests, and the Quantity Surveyor reviews each addendum to advise the client on the financial implications of these changes. This review process can occur either before or after the official release of the addendum, ensuring that all parties are fully informed and that the project remains on budget.
Tender Analysis
What Is A Tender Analysis?
A Tender Analysis is a comprehensive evaluation of bids received for a construction project to determine the most suitable contractor, beyond just the lowest cost.
The Benefits
- Evaluating Bidders' Exclusions, Qualifications, and Clarifications to understand their cost implications.
- Determining Variances between the budget and the tendered amounts to highlight discrepancies and potential issues.
- Identifying and addressing scope of work errors before awarding the contract preventing costly Post-Contract Changes later.
- Helps select a contractor who offers the best value, reducing risks and ensuring a smoother project execution.
Contractor Recommendation
What Does Contractor Recommendation Offer?
Contractor Recommendation provides a structured approach to selecting the best contractor for a construction project by considering both financial and non-financial factors. By working with owners, designers, and project managers we can establish the evaluation criteria or a scoring model for reviewing bids.
The Benefits
- Comprehensive Bid Review: Assessing both the financial aspects of the bid and non-financial elements such as the contractor’s relevant experience, proposed staff, references, schedule, and safety policies.
- Best Value Selection: Ensuring the contractor is chosen based on the overall value they offer, not just the lowest bid, to align with project goals and quality standards.
- Informed Decision Making: Providing insights and recommendations that help stakeholders make well-informed decisions, ensuring the right company is selected for the job.