• 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
  • 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
  • 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
  • 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 Process

    Assignment for Construction Project Management, Civil Engineering, UTAR.

    published: 17 Mar 2017
  • 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
  • Webinar - Public Sector Tendering

    UnLtd supports social entrepreneurs by investing directly in individuals and offering a complete package of resources. http://unltd.org.uk/ This webinar is a resource to help social entrepreneurs to think about public sector tendering.

    published: 21 Jun 2013
  • Use of Electronic Tendering Within Construction Industry

    published: 09 May 2012
  • simpleshow explains why many public construction projects go wrong.

    simpleshow explains: why so many public construction projects go wrong. www.simpleshow.com This is Julia. She's protesting against the building of a new railway station. The ambitious project seems to cost much more than planned, and its completion has been delayed. She feels the politicians have cheated her - after all, she's also financing the project through her taxes! So why do big public building projects in Germany often face such major cost overruns? Well, let's say Julia wants to build a house: She commissions a construction company, generally choosing the one that makes the cheapest offer. The company starts building her house. However, the first problems occur quickly: material costs go up, the garage costs extra, and the planned terrace means getting a building permit which ...

    published: 22 Apr 2013
  • 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
  • Contract and Tender Process

    The contract and tender process is something that many companies rely on for securing contracts and expanding. In this video we explain how the process works and how your company can benefit from it. For more information visit https://www.executivecompass.co.uk LinkedIn: https://www.linkedin.com/company/executive-compass-?trk=biz-companies-cym Facebook: https://www.facebook.com/PQQ.Bid.Tender.Writing.Services Twitter: https://twitter.com/ExecCompass Google+: https://plus.google.com/+ExecutivecompassCoUk

    published: 19 Jan 2015
  • 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 in South Africa

    published: 23 Aug 2012
  • 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
  • EM8a Tendering

    published: 20 Feb 2013
  • The hearing into the collusive tendering in the construction industry took place today.

    Fifteen contruction firms admitted to bid-rigging and agreed to pay penalties totalling nearly R1.5 billion.The original probe uncovered widespread anti-competitive behaviour in the industry. It includes tender-rigging in projects worth more than R47 billion.

    published: 17 Jul 2013
  • Tender, Document Management and Construction Software

    BIO is Australia's largest online tender and construction management system delivering an affordable way to reduce the time and cost of coordinating building projects. Regardless of size, BIO manages every aspect of the project from design development through tender to completion. Our members benefit greatly from being able to instantly connect with each other when it counts most. We pride ourselves on providing exceptional support through every step of the process.

    published: 20 Feb 2012
  • Evolving practices in construction project tendering approaches

    The bidding process to procure construction services in emerging economies vastly differ from developed countries. Category managers should be aware of these differences as there is no “one size fits all” type of solution. Beroe’s engineering and construction industry expert, Raj Manohar, discusses various parameters of contractor selection in emerging markets during this webinar. He has also presented case studies to demonstrate win-win situation for both buyers and service providers.

    published: 07 Aug 2014
  • 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
  • Download Estimating and Tendering for Construction Work Book

    published: 21 Sep 2016
  • Important fundamental concepts associated with Tendering in India

    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 second part of a lecture to the undergraduate students that introduced the Contracts and Tendering process followed in the Indian Construction Industry. The second part of this lecture takes a CPWD tender and applies principles of this lecture and may be found at https://youtu.be/4GzR8TfM4TA 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 foundation terms associated with Contracts and Tendering which have to be observed when studying a tender document are explained. It draws from the experiences from industr...

    published: 06 Jun 2016
  • Tendering - Background and Overview of the Procurement Process

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

    published: 18 Nov 2016
  • 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
developed with YouTube
Bid Process: The secret to a successful construction project - Spaces for Life by Lance McCarthy

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

  • Order:
  • Duration: 6:15
  • Updated: 12 Feb 2015
  • views: 21811
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
Tendering System in Indian Construction Industry

Tendering System in Indian Construction Industry

  • Order:
  • Duration: 49:07
  • Updated: 04 Jun 2016
  • views: 8943
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
Introduction to Tenders and Contracts in Construction Industry

Introduction to Tenders and Contracts in Construction Industry

  • Order:
  • Duration: 34:45
  • Updated: 03 Apr 2016
  • views: 8678
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
What Is Involved in the Construction Tendering Process?

What Is Involved in the Construction Tendering Process?

  • Order:
  • Duration: 0:50
  • Updated: 09 Jan 2014
  • views: 3282
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 Process

Tendering Process

  • Order:
  • Duration: 4:19
  • Updated: 17 Mar 2017
  • views: 2841
videos
Assignment for Construction Project Management, Civil Engineering, UTAR.
https://wn.com/Tendering_Process
Introducing Tenders to Young Civil Engineers

Introducing Tenders to Young Civil Engineers

  • Order:
  • Duration: 31:39
  • Updated: 14 Jan 2017
  • views: 8410
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
Webinar - Public Sector Tendering

Webinar - Public Sector Tendering

  • Order:
  • Duration: 48:33
  • Updated: 21 Jun 2013
  • views: 2121
videos
UnLtd supports social entrepreneurs by investing directly in individuals and offering a complete package of resources. http://unltd.org.uk/ This webinar is a resource to help social entrepreneurs to think about public sector tendering.
https://wn.com/Webinar_Public_Sector_Tendering
Use of Electronic Tendering Within Construction Industry

Use of Electronic Tendering Within Construction Industry

  • Order:
  • Duration: 1:05:39
  • Updated: 09 May 2012
  • views: 302
videos
https://wn.com/Use_Of_Electronic_Tendering_Within_Construction_Industry
simpleshow explains why many public construction projects go wrong.

simpleshow explains why many public construction projects go wrong.

  • Order:
  • Duration: 3:28
  • Updated: 22 Apr 2013
  • views: 4572
videos
simpleshow explains: why so many public construction projects go wrong. www.simpleshow.com This is Julia. She's protesting against the building of a new railway station. The ambitious project seems to cost much more than planned, and its completion has been delayed. She feels the politicians have cheated her - after all, she's also financing the project through her taxes! So why do big public building projects in Germany often face such major cost overruns? Well, let's say Julia wants to build a house: She commissions a construction company, generally choosing the one that makes the cheapest offer. The company starts building her house. However, the first problems occur quickly: material costs go up, the garage costs extra, and the planned terrace means getting a building permit which she doesn't have. Completion is delayed, and the planned costs explode, because Julia, when it came to potential risks and additional costs, didn't budget enough. That's exactly what happens with public construction projects. When a project is in the planning, the tender goes out to several competing building companies. Like Julia, a decision is made by the awarding authority - generally in favour of the cheapest bid. On the one hand, that's because it will probably then face less politicial opposition, and, on the other hand, because that's what public tender regulations require. But: the cheapest offer isn't always the best. The construction companies estimate costs when tendering for public building projects as low as possible, because there are always items that haven't been considered in the tender. Construction companies exploit that. The politicians know about this, but even higher costs make it less likely that voters will approve the project. And thus cost estimates are, from the very beginning, far below what's realistic. Building work starts, but even then, additional costs are concealed. Because halting a project in the middle of construction would threaten the jobs of workers, architects and planners. Changes to construction plans, special wishes, fluctuating material costs or requirements for special permits mean costs rise radically. So how can this be prevented? Construction costs should be calculated realistically. To do that, apart from revamped tender regulations, what's needed are independent inspectors with experience of big construction projects. In addition, the construction company's building plans need to be more precise and a construction schedule that's realistic has to be pinned down. That means that the construction company can complete the project successfully the politicians manage to cling to their reputations, and Julia doesn't have any reason to get worked up anymore. Along with everybody else, she's happy that her taxes are being invested sensibly.
https://wn.com/Simpleshow_Explains_Why_Many_Public_Construction_Projects_Go_Wrong.
Glenigan: The Building Cycle Video

Glenigan: The Building Cycle Video

  • Order:
  • Duration: 6:00
  • Updated: 11 May 2012
  • views: 4334
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
Contract and Tender Process

Contract and Tender Process

  • Order:
  • Duration: 1:55
  • Updated: 19 Jan 2015
  • views: 9290
videos
The contract and tender process is something that many companies rely on for securing contracts and expanding. In this video we explain how the process works and how your company can benefit from it. For more information visit https://www.executivecompass.co.uk LinkedIn: https://www.linkedin.com/company/executive-compass-?trk=biz-companies-cym Facebook: https://www.facebook.com/PQQ.Bid.Tender.Writing.Services Twitter: https://twitter.com/ExecCompass Google+: https://plus.google.com/+ExecutivecompassCoUk
https://wn.com/Contract_And_Tender_Process
What is a Tender?

What is a Tender?

  • Order:
  • Duration: 3:38
  • Updated: 22 Mar 2017
  • views: 7923
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 in South Africa

Tendering in South Africa

  • Order:
  • Duration: 5:42
  • Updated: 23 Aug 2012
  • views: 2643
videos
https://wn.com/Tendering_In_South_Africa
Introduction to Estimating '17

Introduction to Estimating '17

  • Order:
  • Duration: 59:21
  • Updated: 19 Dec 2016
  • views: 21128
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

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

  • Order:
  • Duration: 3:58
  • Updated: 29 Mar 2017
  • views: 1454
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
EM8a   Tendering

EM8a Tendering

  • Order:
  • Duration: 8:12
  • Updated: 20 Feb 2013
  • views: 2476
videos
https://wn.com/Em8A_Tendering
The hearing into the collusive tendering in the construction industry took place today.

The hearing into the collusive tendering in the construction industry took place today.

  • Order:
  • Duration: 1:18
  • Updated: 17 Jul 2013
  • views: 162
videos
Fifteen contruction firms admitted to bid-rigging and agreed to pay penalties totalling nearly R1.5 billion.The original probe uncovered widespread anti-competitive behaviour in the industry. It includes tender-rigging in projects worth more than R47 billion.
https://wn.com/The_Hearing_Into_The_Collusive_Tendering_In_The_Construction_Industry_Took_Place_Today.
Tender, Document Management and Construction Software

Tender, Document Management and Construction Software

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  • Duration: 1:31
  • Updated: 20 Feb 2012
  • views: 2414
videos
BIO is Australia's largest online tender and construction management system delivering an affordable way to reduce the time and cost of coordinating building projects. Regardless of size, BIO manages every aspect of the project from design development through tender to completion. Our members benefit greatly from being able to instantly connect with each other when it counts most. We pride ourselves on providing exceptional support through every step of the process.
https://wn.com/Tender,_Document_Management_And_Construction_Software
Evolving practices in construction project tendering approaches

Evolving practices in construction project tendering approaches

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  • Duration: 26:08
  • Updated: 07 Aug 2014
  • views: 1275
videos
The bidding process to procure construction services in emerging economies vastly differ from developed countries. Category managers should be aware of these differences as there is no “one size fits all” type of solution. Beroe’s engineering and construction industry expert, Raj Manohar, discusses various parameters of contractor selection in emerging markets during this webinar. He has also presented case studies to demonstrate win-win situation for both buyers and service providers.
https://wn.com/Evolving_Practices_In_Construction_Project_Tendering_Approaches
STUDY OF A TENDER DOCUMENT

STUDY OF A TENDER DOCUMENT

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  • Duration: 44:54
  • Updated: 02 May 2016
  • views: 21266
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
Download Estimating and Tendering for Construction Work Book

Download Estimating and Tendering for Construction Work Book

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  • Duration: 0:19
  • Updated: 21 Sep 2016
  • views: 55
videos
https://wn.com/Download_Estimating_And_Tendering_For_Construction_Work_Book
Important fundamental concepts associated with Tendering in India

Important fundamental concepts associated with Tendering in India

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  • Duration: 13:49
  • Updated: 06 Jun 2016
  • views: 1183
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 second part of a lecture to the undergraduate students that introduced the Contracts and Tendering process followed in the Indian Construction Industry. The second part of this lecture takes a CPWD tender and applies principles of this lecture and may be found at https://youtu.be/4GzR8TfM4TA 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 foundation terms associated with Contracts and Tendering which have to be observed when studying a tender document are explained. It draws from the experiences from industry with work that has been undertaken and done hands on. A lecture on how the contract proceeds is found at https://www.youtube.com/watch?v=Zibjyj1XWxE
https://wn.com/Important_Fundamental_Concepts_Associated_With_Tendering_In_India
Tendering - Background and Overview of the Procurement Process

Tendering - Background and Overview of the Procurement Process

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  • Duration: 10:19
  • Updated: 18 Nov 2016
  • views: 792
videos
This video provides background information and an overview of the Procurement process.
https://wn.com/Tendering_Background_And_Overview_Of_The_Procurement_Process
How to Start Contractor Business in India

How to Start Contractor Business in India

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  • Duration: 2:07
  • Updated: 05 Jul 2017
  • views: 11638
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
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