Roofing Contractors Littleton CO
March 4, 2021
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Bid solicitation:
– Process of making construction data available to interested parties
– Services include government entities and private plan rooms
– Gateway for project owners to release project information
– Subscription-based or charge flat rate for project data
– Aim to solicit bids from contractors
Contractual formation:
– Bid proposal language can create a legally enforceable contract
– General contractor can accept the lowest bid
– Subcontractor cannot revoke bid upon acceptance
– Bid language impacts court determination of intent
– Bid may be intended as option or unilateral agreement
Types of project delivery (Procurement methods):
– Traditional procurement route
– Alternative procurement route
– Traditional methods: lump-sum, re-measurable, cost reimbursement
– Owner selects architect for construction documents
– General contractors bid competitively
Methods of tendering (Bidding):
– Six types of tendering methods in construction industry
– Open tendering: client advertises and invites tenders
– Single-stage selective tendering: client selects few contractors
– Two-stage selective tendering: client asks for pricing parameters first
– Selective tendering for design and builds: client selects one or few contractors
– Negotiation: used for specialized works
Digital procurement:
– Rapidly emerging method
– Various websites and applications offer electronic bidding
– Services include tender calls, scope work, design bids
– Modern way of managing construction bids
– Allows for efficient and transparent bidding process
March 4, 2021
March 4, 2021
January 15, 2021
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