You are a contractor preparing to submit a bid for a construction project. How does the submission of bid process go. Once the bid is submitted, the opening of bids occur. What is the process opening of bids.

You are a contractor preparing to submit a bid for a construction project. How does the submission of bid process go. Once the bid is submitted, the opening of bids occur. What is the process opening of bids.

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter2: The Bid Process And Preliminary Procedures

Section: Chapter Questions

Problem 2RQ

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The process of submitting a proposal (tender) to manage a construction project a. Negotiation b. Value Engineering c. Bidding d. Project Management
If you were a contractor, would you respond to any and all Requests for Proposals you come across? Why would you pass on some of them or why would you bid on every single one?
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How must the bidding phase of a project be handled?
As prospective bidder, what documents we need to prepare and submit for competitive bidding?
True or False? One option for competitive bidding is a lump sum proposal; one option for negotiated bidding is a cost + fee+ GMP proposal.
Please give me answer according to the question. In a construction project, what is tendering or the tendering files? who submit them for the bidders ? who receives the pre-qualification files from the contractors? does it depend on the delivery approach or the type of project: private vs public?
What are the Bids and how can they be viewed?
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The selection of the tendering contractors is an extremely important part of the tendering process as the quality of tender returns will only be as good as the quality of the tenderers on the list. It is advisable for project teams to start considering suitable contractors as soon as the project begins. Keeping this in mind critically analyse the different techniques used in construction for the selection of contractor. Describe the three tendering techniques in the selection of contractors? Discuss the advantages and disadvantages for the tendering techniques mentioned. How would these look like in practice? Give some examples for each technique.
Describe what estimators look for in their review of the bid documents.