- published: 03 Apr 2016
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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...
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...
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.
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...
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
Half the battle to winning tenders is selecting the right ones to pursue. Here are the key questions to be asking yourself during the bid qualification and bid no bid processes before commiting to tender. http://projectplanonline.com/?p=4228 https://www.youtube.com/watch?v=Lb708y6Elao
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 ...
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.
Provides information to assist you in developing ‘winning’ tender submissions. It will break down and simplify the business winning processes and provide tested approaches to improve your company’s overall success rate.
In the video I will teach you how to use Excel to build a worksheet for estimating projects for the small contractor. The end result is a very basic, but usable estimating template. I hope to make additional videos to expand on this template and build a complete system of estimating, proposals letters, tracking your hours and materials and invoicing the job. All your information about the job is in one worksheet. I am not selling a product and I am a contractor just like you. I just wanted to teach other contractors how to use Excel in estimating. If I get some interest in the video then I will continue to make more of them. If no one is interested then I'll just stop at one video.
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.
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 ...
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.
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
In this session, we look at evaluating complex bids and tenders. This is far from the mechanical process that some might imagine, and takes us into challenging issues around weighting evaluation factors, and the basis for converting costs into scores so that we can compare cost against other factors. See how different methodologies can lead to totally different supplier selection results in some cases!
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...
A formal offer from a supplier, typically in response to a Request for Tender [RFT]. Tenders are commonly used where there is a defined scope of work and there are multiple suppliers capable of bidding for the contract. In the public sector, tenders may be open to all potential bidders, or restricted to selected bidders. In some cases there may be a single tenderer. The tender document is usually structured such that the supplier's offer may be accepted unconditionally, usually under the buyer's terms and conditions. Reference: http://www.cips.org/products-services/procurement-glossary/T/ Created at http://www.b2bwhiteboard.com
please follow step for find the building construction tender information for any where in India.
Find out how to write a winning construction tender bid