We regularly prepare Tender Packages for competitive bidding on repair or reconstruction projects. This includes working with Architects, engineers and design professionals to ensure the updated design and intent is clear, concise and relates to the loss related damage.
We can also identify redesign or owner requested upgrades to maintain a separation of loss related work and upgrade work. This process includes on-site meetings, tender management, scope clarification during the bid process and finally, bid analysis to provide cost effective recommendations.
Analyzing vendor bids
The final stage of any Request for quote (RFQ) or request for proposal (RFP), is the process of awarding the contract to the successful bidder. A key part of this stage is when the buyers collect all the information together to compare the various bids, along with the technical & commercial details of each. This can be a challenging and time-consuming process if your buyer team doesn’t have the right tools to help perform that task.
The commercial bid analysis is a critical stage of the overall tendering process, so warrants the appropriate tools and process to ensure it’s performed consistently, accurately and efficiently for the procurement staff.