• Tendering Process

    Assignment for Construction Project Management, Civil Engineering, UTAR.

    published: 17 Mar 2017
  • Bid Process: The secret to a successful construction project - Spaces for Life by Lance McCarthy

    By Lance McCarthy Lance McCarthy Lance McCarthy My 6-year-old has been honing his comedy skills, and discovered the impatient cow joke. You know this one? ***Spoiler alert*** I’m telling the joke now… “Knock Knock” “Who’s there?” “Impatient Cow” “Impatient C–” (before the other person can say “who”) “MOO!” I consider myself a humor connisseur, and this is still one of my favorite clean jokes. However, it goes from a “10” on the funny-o-meter to a “1” if the joker doesn’t say “Moo” fast enough to interrupt the jokee. (Is “jokee” a word? It is now). My son doesn’t get that it isn’t just saying the right words, the joke is all about timing. Get the timing wrong, and the whole thing dies. That is the way it works with planning for a construction project too. My architect and I were me...

    published: 12 Feb 2015
  • What Is Involved in the Construction Tendering Process?

    Source: http://ezinearticles.com/?What-Is-Involved-in-the-Construction-Tendering-Process?&id=7498000 Images: http://www.tenderconsulting.com.au Before leaping into the lengthy details of the construction tendering process, it is necessary to first establish exactly what 'tendering' is.

    published: 09 Jan 2014
  • Tendering System in Indian Construction Industry

    This lecture is part of the summer course of 2016 on Quantity Surveying handled by J S Packiaraj, Asst. Professor (Senior). VIT University, Vellore, India. This lecture is the first part of a lecture to the undergraduate students on Contracts and the Tendering process followed in the Indian Construction Industry. The second part of this lecture may be found at https://youtu.be/25UTB3GUv5M The principles of the same are applicable to the international market as well as to any other discipline where a job is undertaken as a contract. Important terms associated with Contracts and Tendering are explained. It draws from the experiences from industry with work that has been undertaken and done hands on. Additional information on how to study a tender document is found at https://youtu.be/4GzR...

    published: 04 Jun 2016
  • Introducing Tenders to Young Civil Engineers

    This is a fast paced introduction to the various aspects of Tendering and Contracts. We civil Engineers work on Contracts. Contract is an agreement between two parties which is legally enforceable. The quote we give to our clients makes us win or lose a job. A tender document is given a cursory glance to show the various aspects discussed and to give a good foundation. Contents: 00:00:10 Contract - What is it?? 00:01:10 Example of various kinds of contracts 00:01:40 Enforcing a contract 00:02:00 Types and Forms of Contract 00:02:20 Few Civil engineering Contractors 00:03:30 Why no start your own contracting agency 00:04:07 WHO IS A CONTRACTOR? 00:07:56 For what can a tender be called for? 00:09:00 Homework a company has to do before issuing a tender 00:09:00 SLIDE TITLE: Tender Actions...

    published: 14 Jan 2017
  • EM8b Tender Types

    published: 20 Feb 2013
  • What is a Tender?

    Have you ever wondered what a public sector tender is and how it's composed? Here's a quick video to help clear things up. For more information visit: http://www.frameworker.co.uk =========================

    published: 22 Mar 2017
  • Tendering - Background and Overview of the Procurement Process

    This video provides background information and an overview of the Procurement process.

    published: 18 Nov 2016
  • Glenigan: The Building Cycle Video

    http://www.glenigan.com/ This video outlines how a construction project comes to life from start to finish covering the processes inbetween each stage. Find out the function of each building contractor and subcontractor and exactly how they all work together to complete the building cycle. Video Transcript: Having been tracking the construction industry for almost 40 years, Glenigan knows the building cycle inside-out. Our vast reach sees us capture every UK planning application and decision whilst providing extensive construction activity analysis and forecasting. Let's show you just how the cycle unfolds: We're going to look at a typical £10m contract. It all starts with the client needing a building and appointing legal and financial advisors. The professional construction consultant ...

    published: 11 May 2012
  • Theory on tendering in Hindi. Various Terms

    published: 01 Apr 2017
  • How to Start Contractor Business in India

    If you want to start your own construction Contractor business and you want to take Govt. order, you need to register your name in the file of govt. engineer (construction). He has to fill the tender for getting work. From this point, he started his construction service. If his tender is low due to low prices, he will grow next level of construction.

    published: 05 Jul 2017
  • How To Start a Tender - by Maurice Downing

    Tenders can be massive documents and the biggest challenge is knowing where to start. This video goes through the most important sections to go through before getting started in preparing your tender.

    published: 08 Sep 2011
  • 5 Tender Mistakes and How To Avoid Them - by Maurice Downing

    Winning Australian Government tenders is not an easy process, but make sure that you don't make these 5 tender mistakes or you'll have very little chance.

    published: 08 Sep 2011
  • Introduction to Estimating '17

    This video presents an introduction to estimating. Includes types of estimates, applications of estimates, and some conceptual estimate examples. For more construction courses visit techtrainingllc.net

    published: 19 Dec 2016
  • What is CONSTRUCTION BIDDING? What does CONSTRUCTION BIDDING mean? CONSTRUCTION BIDDING meaning

    What is CONSTRUCTION BIDDING? What does CONSTRUCTION BIDDING mean? CONSTRUCTION BIDDING meaning - CONSTRUCTION BIDDING definition - CONSTRUCTION BIDDING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Construction bidding is the process of submitting a proposal (tender) to undertake, or manage the undertaking of a construction project. The process starts with a cost estimate from blueprints and material take offs. The tender is treated as an offer to do the work for a certain amount of money (firm price), or a certain amount of profit (cost reimbursement or cost plus). The tender, which is submitted by the competing firms, is generally based on a bill of quantities, a bill of approximate quantities or other specification...

    published: 29 Mar 2017
  • Want Help Winning Government Tenders and Large Contracts?

    http://www.bluesafesolutions.com.au/ Looking for a Safe Work Method Statement Template? http://www.bluesafesolutions.com.au/swms-entry.aspx Risk Management Plan and Safety Management Plan http://www.bluesafesolutions.com.au/all-products/risk-management-plan.aspx

    published: 24 Aug 2013
  • Introduction to Tenders and Contracts in Construction Industry

    In this lecture, many of the concerns raised on what will happen to quality when Crashing of projects is done is addressed. The way tenders and contracts are executed in India is explained

    published: 03 Apr 2016
  • STUDY OF A TENDER DOCUMENT

    Tender Documents form the basis of any contract signed. A through understanding of the same enables the contractor and the owner get the best of this system. To an engineering graduate student, the exposure is usually very less and sometimes, it is about 5 or 10 years down the line that they actually get to see the tender document. With enough experience in the process of civil and structural engineering tenders, it has been observed that the form and structure of a tender document is similar. In this lecture, one of the tenders that were downloaded from the internet has been used to explain the various aspects that govern the tendering process.

    published: 02 May 2016
  • Use of Electronic Tendering Within Construction Industry

    published: 09 May 2012
  • Construction Estimating and Bidding Training

    Contractor Success Series: Reviewing plans and specifications, job costing, manpower and materials, takeoffs, how assembled, bid submission, negotiation, award, procurement and change orders as viewed by general contractors, construction managers and subcontractors. Presenters: Mark Panzica, Panzica Construction; Brain Exl, OCP Contractors; and CEA Young Executives Panel 4/13/2011

    published: 13 Feb 2013
  • Do's and Don'ts of Tendering by Winning Tenders

    http://www.winningtenders.co.uk - We're professional tender writers helping businesses to win tenders. Here we suggest a few do's and don'ts when handling tenders. Do’s and Don’ts of Tendering DO provide ALL the requested information on time and in the required format. REMEMBER that the date given for a response is normally the last date that a tender can be accepted. Late submissions are normally DISQUALIFIED. DO study the tender documents carefully; answer all the questions properly and show the buyer your capability to carry out the contract. DON’T seek to influence the decision by requesting meetings with the buyer: they can't do that during the tender process. There will normally be a named contact on the tender documents: if in any doubt do contact them for clarification as...

    published: 27 Jul 2015
  • The Benefits of e-Tendering in Commercial Projects

    This short presentation highlights the benefits of e-Tendering for larger scale commercial projects. The presentation refers to a recent study conducted by Construction IT Alliance regarding the tangible benefits of e-tendering over traditional systems.

    published: 28 Jun 2010
  • How To Find Contracts To Tender For by Winning Tenders

    http://www.winningtenders.co.uk - We're professional tender writers helping businesses to win tenders. Here we suggest several ways to find public sector contracts to tender for. As well as suggestions to find private sector contracts.

    published: 06 May 2015
  • KREO. BIM Construction Tendering and Bid Pricing Software

    KREO developed a unique cloud-based software solution for online tendering and bidding for BIM-based projects. With KREO, bid managers can price bids and get pre-tender estimates within days. KREO breaks the whole project into work packages by default. It groups activities by trade and ensures their uninterrupted flow. You can adjust package size and composition without much effort. VISIT Kreo Software for more information https://www.kreo.net/ SUBSCRIBE for other our videos and news https://www.youtube.com/channel/UCgJV-ickUBT8HvFUAmz1zkQ LET'S CONNECT! Facebook ► https://www.facebook.com/kreosoftware Linkedin ► https://www.linkedin.com/company/kreosoftware Twitter ► https://twitter.com/kreo_software

    published: 07 May 2018
developed with YouTube
Tendering Process
4:19

Tendering Process

  • Order:
  • Duration: 4:19
  • Updated: 17 Mar 2017
  • views: 5182
videos
Assignment for Construction Project Management, Civil Engineering, UTAR.
https://wn.com/Tendering_Process
Bid Process: The secret to a successful construction project - Spaces for Life by Lance McCarthy
6:15

Bid Process: The secret to a successful construction project - Spaces for Life by Lance McCarthy

  • Order:
  • Duration: 6:15
  • Updated: 12 Feb 2015
  • views: 28380
videos
By Lance McCarthy Lance McCarthy Lance McCarthy My 6-year-old has been honing his comedy skills, and discovered the impatient cow joke. You know this one? ***Spoiler alert*** I’m telling the joke now… “Knock Knock” “Who’s there?” “Impatient Cow” “Impatient C–” (before the other person can say “who”) “MOO!” I consider myself a humor connisseur, and this is still one of my favorite clean jokes. However, it goes from a “10” on the funny-o-meter to a “1” if the joker doesn’t say “Moo” fast enough to interrupt the jokee. (Is “jokee” a word? It is now). My son doesn’t get that it isn’t just saying the right words, the joke is all about timing. Get the timing wrong, and the whole thing dies. That is the way it works with planning for a construction project too. My architect and I were meeting with a potential client yesterday for an addition project, and they said “I wish there were a book that told you the steps for going through this process. I’m afraid of getting things in the wrong order and messing something up.” Couldn’t have said it better myself. It is scary. There are probably 153 books on Amazon on “The Steps To A Construction Project,” but why do so many people end up mystified or unsatisfied with the process? The traditional model for planning a construction project... The traditional model for planning a construction project… (Click to enlarge) Let me share a simple way we have found to help planning for a project work more better (ex-English teacher here). The secret is timing: this before that, that before the other. Imagine the design/construction process being like a giant funnel. Traditionally (the way I learned to do it 20 years ago), the client tells an architect and/or contractor what they want, the architect draws a plan, the contractor (or three or four) gives them a bid, there is some quibbling, and a contract is signed (small end of the funnel). Then as the project goes, the client, architect and contractor start discovering each others’ visions ...and the ideal model. (Click to enlarge). …and the ideal model. (Click to enlarge). “Oh, that’s our tile? That’s not our tile.” “Oh, that’s behind the wall? How did that get there?” By the time the project ends, there is a vast difference between what the client thought they would pay and what the project actually cost (big end of the funnel). Narrow to wide. To be clear, in something as complicated as changing someone’s home, there will always be unknowns. We are years into honing this process trying to remove as much uncertainty as possible — we still get surprised now and then. However, it is still possible to flip that funnel so that the process starts really vague (big end of funnel), then through a series of conversations (we call them “discoveries”), the contractor and architect discover what the client wants, and the client discovers what their needs look like and cost, which then impacts what they think they need. Vague to specific. It is a big feedback loop. A cycle. (Cue Elton John singing “The circle of lihihiiife!”) Put the right questions in the right order, the right people listening to each other at the right time, and the whole messy scary process becomes a lot less messy-scary. (Note I didn’t say it wasn’t messy-scary, just LESS messy-scary”). To sum it all up, there are a couple of key elements that will need to be a part of planning a successful project: Go from vague to specific through a series of discoveries. Timing is everything. Right things in the right order. Have the right people in the room for those conversations (you want a team of people who are each talented in different areas — design, construction, budget — that can collaboratively represent their piece of the project Get as much of the project built “on paper” as possible before signing a contract. There will still be plenty of stressful times in a big remodeling or construction project, but this will make it much more successful. And tune in next week to find out “How much an addition costs.” You’ve been wondering, haven’t you? This weekly sponsored column is written by Lance McCarthy of ReTouch, a full-service, client-based contractor specializing in home remodels. For more information about their services, or to view samples of their work, visit their website. CATEGORIES : SPACES FOR LIFE
https://wn.com/Bid_Process_The_Secret_To_A_Successful_Construction_Project_Spaces_For_Life_By_Lance_Mccarthy
What Is Involved in the Construction Tendering Process?
0:50

What Is Involved in the Construction Tendering Process?

  • Order:
  • Duration: 0:50
  • Updated: 09 Jan 2014
  • views: 3631
videos
Source: http://ezinearticles.com/?What-Is-Involved-in-the-Construction-Tendering-Process?&id=7498000 Images: http://www.tenderconsulting.com.au Before leaping into the lengthy details of the construction tendering process, it is necessary to first establish exactly what 'tendering' is.
https://wn.com/What_Is_Involved_In_The_Construction_Tendering_Process
Tendering System in Indian Construction Industry
49:07

Tendering System in Indian Construction Industry

  • Order:
  • Duration: 49:07
  • Updated: 04 Jun 2016
  • views: 11819
videos
This lecture is part of the summer course of 2016 on Quantity Surveying handled by J S Packiaraj, Asst. Professor (Senior). VIT University, Vellore, India. This lecture is the first part of a lecture to the undergraduate students on Contracts and the Tendering process followed in the Indian Construction Industry. The second part of this lecture may be found at https://youtu.be/25UTB3GUv5M The principles of the same are applicable to the international market as well as to any other discipline where a job is undertaken as a contract. Important terms associated with Contracts and Tendering are explained. It draws from the experiences from industry with work that has been undertaken and done hands on. Additional information on how to study a tender document is found at https://youtu.be/4GzR8TfM4TA
https://wn.com/Tendering_System_In_Indian_Construction_Industry
Introducing Tenders to Young Civil Engineers
31:39

Introducing Tenders to Young Civil Engineers

  • Order:
  • Duration: 31:39
  • Updated: 14 Jan 2017
  • views: 14832
videos
This is a fast paced introduction to the various aspects of Tendering and Contracts. We civil Engineers work on Contracts. Contract is an agreement between two parties which is legally enforceable. The quote we give to our clients makes us win or lose a job. A tender document is given a cursory glance to show the various aspects discussed and to give a good foundation. Contents: 00:00:10 Contract - What is it?? 00:01:10 Example of various kinds of contracts 00:01:40 Enforcing a contract 00:02:00 Types and Forms of Contract 00:02:20 Few Civil engineering Contractors 00:03:30 Why no start your own contracting agency 00:04:07 WHO IS A CONTRACTOR? 00:07:56 For what can a tender be called for? 00:09:00 Homework a company has to do before issuing a tender 00:09:00 SLIDE TITLE: Tender Actions by Owner 00:10:35 Difference between Civil and Structural Engineering as terms used by the Industry 00:11:21 Step 1 of Tender - Identify the need 00:12:28 Step 2 of a Tender - Announcing tender 00:12:54 Modifying an announced Tender - Corrigendum (See also 00:20:20) 00:13:00 Evaluating submitted bid 00:16:20 Step 3 Negotiating the deal 00:17:09 Step 4 Award of Job 00:17:45 Where does the civil engineer fit into the contract system? 00:18:10 Study of a tender document 00:18:40 Some thoughts on how your first few tenders can be bid for 00:20:20 What is a Corrigendum 00:22:00 Cover Page of the Tender Document 00:22:50 What is EMD - Earnest Money Deposit Explained 00:23:53 What is the Percentage of EMD? 00:24:00 Will EMD be returned??? 00:25:08 Special Conditions of Contract 00:26:50 Deposits to be made and Forms of making the deposit 00:27:10 Bank Guarantee - A better way to comply to deposits required off a contract 00:28:40 Performance Guarantee - Why is it required??? 00:29:30 Security Deposit - Reason it is collected 00:30:00 Quiz announced
https://wn.com/Introducing_Tenders_To_Young_Civil_Engineers
EM8b   Tender Types
5:46

EM8b Tender Types

  • Order:
  • Duration: 5:46
  • Updated: 20 Feb 2013
  • views: 3521
videos
https://wn.com/Em8B_Tender_Types
What is a Tender?
3:38

What is a Tender?

  • Order:
  • Duration: 3:38
  • Updated: 22 Mar 2017
  • views: 16709
videos
Have you ever wondered what a public sector tender is and how it's composed? Here's a quick video to help clear things up. For more information visit: http://www.frameworker.co.uk =========================
https://wn.com/What_Is_A_Tender
Tendering - Background and Overview of the Procurement Process
10:19

Tendering - Background and Overview of the Procurement Process

  • Order:
  • Duration: 10:19
  • Updated: 18 Nov 2016
  • views: 2049
videos
This video provides background information and an overview of the Procurement process.
https://wn.com/Tendering_Background_And_Overview_Of_The_Procurement_Process
Glenigan: The Building Cycle Video
6:00

Glenigan: The Building Cycle Video

  • Order:
  • Duration: 6:00
  • Updated: 11 May 2012
  • views: 4864
videos
http://www.glenigan.com/ This video outlines how a construction project comes to life from start to finish covering the processes inbetween each stage. Find out the function of each building contractor and subcontractor and exactly how they all work together to complete the building cycle. Video Transcript: Having been tracking the construction industry for almost 40 years, Glenigan knows the building cycle inside-out. Our vast reach sees us capture every UK planning application and decision whilst providing extensive construction activity analysis and forecasting. Let's show you just how the cycle unfolds: We're going to look at a typical £10m contract. It all starts with the client needing a building and appointing legal and financial advisors. The professional construction consultant team is then appointed to advise on a project and steer the procurement process. The professional construction consultant team typically consists of an architect, a structural consultant, a building services consultant and a cost consultant. The team provide the client with project management and procurement services drawing up the designs for submission to the local planning authority, while also establishing bills of quantities based on these detailed designs. The local planning authority grants the outline planning and sets up local consultation and planning committee meetings to get wholesale approval. Having received approval form the local planning authority, the process of inviting preferred contractors to tender can begin. The opportunity to tender is open. For contractors interested in tendering for the project a Pre-Qualification Questionnaire is completed and submitted and from all the bidders 6 are selected to tender. The shortlisted contractors submit tenders and 2 are selected for further negotiations to decide which contractor will be appointed. Glenigan tracks every stage of the planning and contracting process notifying our clients when contract tenders have been invited and bids are required for submission. We identify bidders through our research and our exclusive partnership with The Builders Conference and monitor projects to identify the successfully appointed main contractor. The local authority gives planning consent and returns to the planning committee to present the final submissions. The appointed main contractor then invites tier 2 package contractors to bid for specialist elements of the project; such as foundations, structural concrete and steel work, glazing, building services, roofing, and fit out packages. The main contractor then appoints tier 2 firms. Our continual tracking of projects means Glenigan clients can access details of key people in these specialist contractors. Next the main contractor works with the tier 2 firms to complete the health & safety assessments and negotiate on the final pricing delivery and designs before signing the stage 2 agreement. The designs are returned to the main contractor for refinement and the tier two firms begin selecting the tier 3 contractors responsible for brickwork, roofing, scaffolding, electrical & mechanical works, dry lining and finishing works. The designs are finalised by the main contractor and supply agreements are drafted up between all builders merchants and manufacturers. The time has come to prepare for construction. With site teams mobilised and recruited, labourers subcontractors brought on board and construction equipment hired. As more specialist contractors, materials and service providers are required, Glenigan equips its clients with timely project and people information to secure new business. As site security and preliminary works are completed and work starts onsite, The Glenigan Index tracks this thus serving as a forward indicator of industry activity. The site manager becomes responsible for the running of the programme, the site, the coordination of the subcontractors and the safety of the working environment. The building is carefully completed and claims can now be placed for tier 2 completion and main contractor milestones. The clients quantity survey then completes an assessment of the work to verify that the project has been completed to the appropriate standard. If work completed is unsatisfactory, payment is disputed and a court of adjudication or arbitration is opened for the contractor in question. At various stages of the process, Local Authority Officers and Building Control Inspectors will visit to ensure certain areas comply with regulations. Once the building has been certified compliant by authorities, the client engineer will sign the completion certificate. As part of this any works still required such as the refurbishment of minor defects will be scheduled. Snagging will subsequently take place to ensure such minor defects are addressed and the project reaches completion. And that's the building cycle.
https://wn.com/Glenigan_The_Building_Cycle_Video
Theory on tendering in Hindi. Various  Terms
9:18

Theory on tendering in Hindi. Various Terms

  • Order:
  • Duration: 9:18
  • Updated: 01 Apr 2017
  • views: 8848
videos
https://wn.com/Theory_On_Tendering_In_Hindi._Various_Terms
How to Start Contractor Business in India
2:07

How to Start Contractor Business in India

  • Order:
  • Duration: 2:07
  • Updated: 05 Jul 2017
  • views: 30475
videos
If you want to start your own construction Contractor business and you want to take Govt. order, you need to register your name in the file of govt. engineer (construction). He has to fill the tender for getting work. From this point, he started his construction service. If his tender is low due to low prices, he will grow next level of construction.
https://wn.com/How_To_Start_Contractor_Business_In_India
How To Start a Tender - by Maurice Downing
7:31

How To Start a Tender - by Maurice Downing

  • Order:
  • Duration: 7:31
  • Updated: 08 Sep 2011
  • views: 2917
videos
Tenders can be massive documents and the biggest challenge is knowing where to start. This video goes through the most important sections to go through before getting started in preparing your tender.
https://wn.com/How_To_Start_A_Tender_By_Maurice_Downing
5 Tender Mistakes and How To Avoid Them - by Maurice Downing
9:14

5 Tender Mistakes and How To Avoid Them - by Maurice Downing

  • Order:
  • Duration: 9:14
  • Updated: 08 Sep 2011
  • views: 11521
videos
Winning Australian Government tenders is not an easy process, but make sure that you don't make these 5 tender mistakes or you'll have very little chance.
https://wn.com/5_Tender_Mistakes_And_How_To_Avoid_Them_By_Maurice_Downing
Introduction to Estimating '17
59:21

Introduction to Estimating '17

  • Order:
  • Duration: 59:21
  • Updated: 19 Dec 2016
  • views: 40431
videos
This video presents an introduction to estimating. Includes types of estimates, applications of estimates, and some conceptual estimate examples. For more construction courses visit techtrainingllc.net
https://wn.com/Introduction_To_Estimating_'17
What is CONSTRUCTION BIDDING? What does CONSTRUCTION BIDDING mean? CONSTRUCTION BIDDING meaning
3:58

What is CONSTRUCTION BIDDING? What does CONSTRUCTION BIDDING mean? CONSTRUCTION BIDDING meaning

  • Order:
  • Duration: 3:58
  • Updated: 29 Mar 2017
  • views: 3160
videos
What is CONSTRUCTION BIDDING? What does CONSTRUCTION BIDDING mean? CONSTRUCTION BIDDING meaning - CONSTRUCTION BIDDING definition - CONSTRUCTION BIDDING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Construction bidding is the process of submitting a proposal (tender) to undertake, or manage the undertaking of a construction project. The process starts with a cost estimate from blueprints and material take offs. The tender is treated as an offer to do the work for a certain amount of money (firm price), or a certain amount of profit (cost reimbursement or cost plus). The tender, which is submitted by the competing firms, is generally based on a bill of quantities, a bill of approximate quantities or other specifications which enable the tenders to attain higher levels of accuracy, the statement of work. For instance, a bill of quantities is a list of all the materials (and other work such as amount of excavation) of a project which have sufficient detail to obtain a realistic cost, or rate per described item of work/material. The tenders should not only show the unit cost per material/work, but should also if possible, break it down to labour, plant and material costs. In this way the individual who is selecting the tender will be quite confident that the tender is feasible. Bids are not only chosen on cost alone. Sometimes contractors submit lower tenders to win the contract and win the work. Either the costs that the contractor incurs are greater than the price he is charging the client (as a consequence of a lower tender determining the contract sum), and thus is likely to go insolvent, or he will claim for "loss and/or expense" due to discrepancies in the contract documents (this can be done deliberately). The lowest tender is not always a feasible tender. The lowest tender is the most likely to increase the contract sum the most throughout the course of the project. Bid solicitation is the process of making published construction data readily available to interested parties, including construction managers, contractors, and the public. There are several services, including government entities and private plan rooms, that allow project owners to release project details to solicit and obtain contractor bids. These services act as a gateway for project owners to release project information to a large group of contractors, general contractors or subcontractors in an attempt to solicit bids. Many of these services are subscription based or charge a flat rate for project data. Depending upon the language in the bid proposal, a subcontracting construction company could make its bid final, and, if accepted, a legally enforceable contract is created. In these circumstances, upon determination by the general contractor that a bid is the lowest offer, it can accept the bid and upon acceptance, a subcontractor cannot renege or revoke its offer. The language of the bid or offer can impact the court's determination of whether the subcontractor intended for further negotiations to take place, or whether the bid was intended to be an option or unilateral agreement to enter into a contract upon acceptance of the offer. The most common methods of construction project delivery include design-bid-build (DBB), the design-build (DB), the construction-manager-as-constructor approach and a negotiated approach. Each of these methods have advantages and disadvantages and they all can be used to successfully plan, design and undertake a given construction project.
https://wn.com/What_Is_Construction_Bidding_What_Does_Construction_Bidding_Mean_Construction_Bidding_Meaning
Want Help Winning Government Tenders and Large Contracts?
2:49

Want Help Winning Government Tenders and Large Contracts?

  • Order:
  • Duration: 2:49
  • Updated: 24 Aug 2013
  • views: 7996
videos
http://www.bluesafesolutions.com.au/ Looking for a Safe Work Method Statement Template? http://www.bluesafesolutions.com.au/swms-entry.aspx Risk Management Plan and Safety Management Plan http://www.bluesafesolutions.com.au/all-products/risk-management-plan.aspx
https://wn.com/Want_Help_Winning_Government_Tenders_And_Large_Contracts
Introduction to Tenders and Contracts in Construction Industry
34:45

Introduction to Tenders and Contracts in Construction Industry

  • Order:
  • Duration: 34:45
  • Updated: 03 Apr 2016
  • views: 10999
videos
In this lecture, many of the concerns raised on what will happen to quality when Crashing of projects is done is addressed. The way tenders and contracts are executed in India is explained
https://wn.com/Introduction_To_Tenders_And_Contracts_In_Construction_Industry
STUDY OF A TENDER DOCUMENT
44:54

STUDY OF A TENDER DOCUMENT

  • Order:
  • Duration: 44:54
  • Updated: 02 May 2016
  • views: 29583
videos
Tender Documents form the basis of any contract signed. A through understanding of the same enables the contractor and the owner get the best of this system. To an engineering graduate student, the exposure is usually very less and sometimes, it is about 5 or 10 years down the line that they actually get to see the tender document. With enough experience in the process of civil and structural engineering tenders, it has been observed that the form and structure of a tender document is similar. In this lecture, one of the tenders that were downloaded from the internet has been used to explain the various aspects that govern the tendering process.
https://wn.com/Study_Of_A_Tender_Document
Use of Electronic Tendering Within Construction Industry
1:05:39

Use of Electronic Tendering Within Construction Industry

  • Order:
  • Duration: 1:05:39
  • Updated: 09 May 2012
  • views: 312
videos
https://wn.com/Use_Of_Electronic_Tendering_Within_Construction_Industry
Construction Estimating and Bidding Training
1:22:26

Construction Estimating and Bidding Training

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  • Duration: 1:22:26
  • Updated: 13 Feb 2013
  • views: 248609
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Contractor Success Series: Reviewing plans and specifications, job costing, manpower and materials, takeoffs, how assembled, bid submission, negotiation, award, procurement and change orders as viewed by general contractors, construction managers and subcontractors. Presenters: Mark Panzica, Panzica Construction; Brain Exl, OCP Contractors; and CEA Young Executives Panel 4/13/2011
https://wn.com/Construction_Estimating_And_Bidding_Training
Do's and Don'ts of Tendering by Winning Tenders
2:35

Do's and Don'ts of Tendering by Winning Tenders

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  • Duration: 2:35
  • Updated: 27 Jul 2015
  • views: 3514
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http://www.winningtenders.co.uk - We're professional tender writers helping businesses to win tenders. Here we suggest a few do's and don'ts when handling tenders. Do’s and Don’ts of Tendering DO provide ALL the requested information on time and in the required format. REMEMBER that the date given for a response is normally the last date that a tender can be accepted. Late submissions are normally DISQUALIFIED. DO study the tender documents carefully; answer all the questions properly and show the buyer your capability to carry out the contract. DON’T seek to influence the decision by requesting meetings with the buyer: they can't do that during the tender process. There will normally be a named contact on the tender documents: if in any doubt do contact them for clarification as this could save you time and money. If you are shortlisted, you'll be invited to meet the tender evaluation panel. DO provide clear and concise contact details: email address, website and phone numbers. DO thoroughly check your prices and data before finally submitting tender pricing schedules. DO review your policies on a regular basis to ensure that they comply with current regulations. DON”T send glossy brochures or any other information that has not been requested. DO complete ALL sections of the tender document and ensure that you comply fully with the buyer’s terms and conditions. DO ensure that you get a receipt of delivery for your tender submission - signed for or proof of postage if ‘hard copy’ is required or an email ‘read’ receipt if sent electronically. DON’T seek to amend your offer in any way after it has been submitted. DO ask for a de-brief – whether you are successful or not. It’s important to learn what you did right and how you can improve your chances next time. DON’T give up if at first you don’t succeed: try and try again, just as you would in any other sales activity. And don’t be afraid to ask for expert help to improve your chances of success.
https://wn.com/Do's_And_Don'ts_Of_Tendering_By_Winning_Tenders
The Benefits of e-Tendering in Commercial Projects
1:40

The Benefits of e-Tendering in Commercial Projects

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  • Duration: 1:40
  • Updated: 28 Jun 2010
  • views: 789
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This short presentation highlights the benefits of e-Tendering for larger scale commercial projects. The presentation refers to a recent study conducted by Construction IT Alliance regarding the tangible benefits of e-tendering over traditional systems.
https://wn.com/The_Benefits_Of_E_Tendering_In_Commercial_Projects
How To Find Contracts To Tender For by Winning Tenders
2:37

How To Find Contracts To Tender For by Winning Tenders

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  • Duration: 2:37
  • Updated: 06 May 2015
  • views: 7847
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http://www.winningtenders.co.uk - We're professional tender writers helping businesses to win tenders. Here we suggest several ways to find public sector contracts to tender for. As well as suggestions to find private sector contracts.
https://wn.com/How_To_Find_Contracts_To_Tender_For_By_Winning_Tenders
KREO. BIM Construction Tendering and Bid Pricing Software
0:45

KREO. BIM Construction Tendering and Bid Pricing Software

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  • Duration: 0:45
  • Updated: 07 May 2018
  • views: 21
videos
KREO developed a unique cloud-based software solution for online tendering and bidding for BIM-based projects. With KREO, bid managers can price bids and get pre-tender estimates within days. KREO breaks the whole project into work packages by default. It groups activities by trade and ensures their uninterrupted flow. You can adjust package size and composition without much effort. VISIT Kreo Software for more information https://www.kreo.net/ SUBSCRIBE for other our videos and news https://www.youtube.com/channel/UCgJV-ickUBT8HvFUAmz1zkQ LET'S CONNECT! Facebook ► https://www.facebook.com/kreosoftware Linkedin ► https://www.linkedin.com/company/kreosoftware Twitter ► https://twitter.com/kreo_software
https://wn.com/Kreo._Bim_Construction_Tendering_And_Bid_Pricing_Software
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