Explain the general bidding process involved in construction projects?
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Question-1
Please answer step by step in good words.Thanks( not grade)
- Q) Explain the general bidding process involved in construction projects?
Step by step
Solved in 2 steps
- Describe one of the convenient options provided to contractors to scroll through the listing of bidding opportunities?Why are there instances where two or more contractors form themselves into joint venture agreement to participate in the bidding for a project?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?
- Are the quantities of supplies or work stated in the original Bid Schedule used to determine the final amount paid to a contractor under a unitprice contract?Discuss why contractors must make bid/no-bid decisions and the factors involved in making these decisions. Give an example of when a contractor should bid and when a contractor should not bid.What are the two primary instruments used to accomplish the work in procurement stage and when may theprocurement stage start?
- What we can do if the consultant reject part form the work carried out by the contractor?when doing a Bill of Quantity (BQ) for a tendering should all the cost of the items be included in the BQ. (I want to understand how the bill of quantity works in the tendering/ bidding process, and how it should look.Which amongst the Bidding Selection Method you think is the best to practice whenchoosing a construction company to complete a project? Why? What is the most important resource in any organization, especially in the construction industry? Why?
- What is the "Contractor's Risk" and how does it Relate to the type of Construction contracts to be used on a Project ?Visit a local contractor and determine the proportion ofcontracts that are negotiated against those that are competitivelybid awards. Is this percentage likely to changesignificantly with small building contractors? Is there a differencebetween building contractors and heavy constructioncontractors?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?