Tendering and Bid Management
Clear, Consistent and Comprehensive tender documents are must for project success!!!!!!
Fulfilling a business need requires that the best possible solution is selected from a host of competing solutions. The only way to do this is through the process of competitive evaluation – i.e. the tendering process
Having developed the optimum procurement strategy for a project, the most important step that a Client takes is the selection of the contractor or contractors to carry out the work.
SITE TIGER’s principal aim of the tendering process is to select a contractor who offers the best value for money. Value for money for a particular project means optimizing the balance between best performance or quality of service and lowest price.
Site Tiger process for Tendering and Bid Management includes:
- Freeze strategy and criteria for pre-qualification and finalize the pre- qualification documents.
- Manage and coordinate the parties responsible for preparing of tender documents.
- Manage, review and coordinate the processes of the issuing of tender documents.
- Manage, review and coordinate the preparation of contract documents.
- Payment linked to actual progress
- Intermediate penalty clause built with the contract
- Float contract documents to prospective bidders.
- Organize Pre-Contract meetings.
- Technical and commercial evaluation of the tender on the basis of the requirement of the project.
- Strict negotiation with bidder for contract package
- To control the contingencies to minimize the project cost.
- Manage the variation order approval process including complying with the employer’s standard operation procedures.
- Advice the employer on the most appropriate work break down structure and procurement strategy for the project.
- Freeze Claims avoidance strategies.