In this article, we will learn about bidding process in construction. Bidding process in construction is a technical and well defined process to select the contractor for a construction project. Bidding is very important from the perspective of a client or business owner. It provides the best solution in terms of contracting work. What is … Read more
Job Id: PUB403073 About this job About this role: Senior Civil / Structural Engineer What you need to bring: Benefits: Anything Else? A powerful global network, connecting the most talented and experienced specialists with both present-day and pioneering projects. With 120+ offices and more than 12,000 specialists around the world, we deliver skilled talent and … Read more
A tender notice is a tool used to inform contractors of upcoming projects for which they may bid. Tender notice also called as tender notification. It is important to ensure that the notice is published in a timely and accessible manner, so that all relevant contractors are aware of the opportunity. To achieve this, the … Read more
Bid shopping in construction is an unethical practice by the general contractor. In this guide, we will learn what is bid shopping and how it works. What Is Bid Shopping? Bid shopping is the act of getting the lowest bid. This is poor practice by a general contractor. This is done by disclosing the subcontractors’ … Read more
Bid rigging is bad practice to enhance the cost of the tender. Bid Rigging Definition Bid rigging is an illegal practice in which two or more contractors agree not to compete with each other in a tendering process. Description This type of collusion artificially inflates the prices of the goods or services being procured, ultimately … Read more
In this post I will compare two popular project delivery methods. One is Design Build and the other is Design Bid Build. I’ll describe the differences between these 2 methods. What Is Design Build Method? Design-build is a project delivery method that involves only two parties – the client and the design team. Unlike other … Read more
In this post I will explain a very popular construction project delivery method called Design Bid Build. We will go through all the important things related to design bid build method. What Is Design Bid Build In Construction Projects? Design Bid Build is a traditional and widely used method of project delivery. Under this approach, … Read more
Introduction Of Star Rates Star rates play an important role in the construction industry as they enable proper assessment and settlement of variations in a project. In a unit price contract, a bill of quantities (BQ) provided by the employer’s consultants includes the estimated quantities, and the contractor a unit rate or unit price for … Read more
What Is No Bid Letter? A no-bid letter is a formal letter issued by a client to inform a contractor that their proposal or bid for a project has not been accepted. This letter is usually sent after a bidding process, and it informs the supplier that their bid was not selected, often due to … Read more
What Is Request For Quotation? Request for Quotation (RFQ) is a common business process widely used in construction, infrastructure and industrial projects. Basically, it is a communication document between two business units. I have also attached a sample Request for Quotation (RFQ). See the image below. The process involves a company or public entity sending … Read more