Things to avoid when tendering - Revision history

Designing Buildings at 08:54, 28 October 2020

2020-10-28T08:54:40Z

← Older revision		Revision as of 08:54, 28 October 2020
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	For more information, see Common mistakes in construction tenders.		For more information, see Common mistakes in construction tenders.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Common mistakes in bill of quantities.		* Common mistakes in bill of quantities.
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	* Variant bid.		* Variant bid.

−	[[Category:Cost_/_business_planning]] [[Category:Procurement]]	+	[[Category:DCN_Commentary]] [[Category:DCN_Guidance]] [[Category:Cost_/_business_planning]] [[Category:Procurement]]

Designing Buildings at 13:47, 8 October 2018

2018-10-08T13:47:58Z

← Older revision		Revision as of 13:47, 8 October 2018
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	= Introduction =		= Introduction =

−	A tender is a submission made by a prospective supplier in response to an invitation to tender. It makes an offer for the supply of goods or services. Tender documents are prepared to seek tenders (offers).	+	A tender is a submission made by a prospective supplier in response to an invitation to tender. It makes an offer for the supply of goods or services. Tender documents are prepared to seek tenders (offers) from tenderers. The tendering process gives an opportunity to bidders to demonstrate their suitability for the project over competitors, and for the client to assess alternative proposals.

−	~~The tendering process is the opportunity on the part of the bidder to demonstrate suitability for the project over the competitors.~~ There are several things that should be avoided when tendering for construction projects which can harm the chances of the bid being successful.	+	There are several things that should be avoided when tendering for construction projects which can harm the chances of the bid being successful.

	= Including unnecessary information =		= Including unnecessary information =

−	It is important to try and keep the tender concise, relevant and to-the-point. This will make the tender evaluation process easier for the procurement team and mean that they do not have to spend more time than is necessary getting to the key information.	+	It is important to try and keep the tender concise, relevant and to-the-point. This will make the tender evaluation process easier for the procurement team and will mean that they do not have to spend more time than is necessary getting to the key information.
		+
		+	Information should be submitted in the format required by the client so that they can compare tenders, and care should be taken to ensure that information is consistent across different documents.

	= Bidding for too many projects =		= Bidding for too many projects =

−	There can be ~~the~~ temptation to bid for a lot of projects in the hope that this ~~increasing~~ the likelihood of winning work. However, it can be better to concentrate on submitting a few carefully considered tenders rather than spreading resources more thinly over a lot of tenders. By creating a tender ~~checklist~~, a company can better understand the tenders that it is likely to be able to deliver well and profitably.	+	There can be a temptation to bid for a lot of projects in the hope that this will increase the likelihood of winning work. However, it can be better to concentrate on submitting a few carefully considered tenders rather than spreading resources more thinly over a lot of tenders. By creating a tender assessment process, a company can better understand the tenders that it is likely to be able to deliver well and profitably.

	= Overlooking risks =		= Overlooking risks =

−	~~When preparing a bid proposal, it~~ is important to identify and manage ~~the~~ risks, which will be unique to each ~~construction~~ project. The probability of the identified risks should be considered, and the impact it may have on the project evaluated. ~~By doing this,~~ the bid that is submitted ~~will be~~ more comprehensive and ~~mean~~ that the tenderer is better prepared should they win the contract ~~and have to deal with the situation if it occurs~~.	+	It is important to identify and manage risks, which will be unique to each project. The probability of the identified risks should be considered, and the impact they may have on the project evaluated. This will ensure the bid that is submitted is more comprehensive and that the tenderer is better prepared should they win the contract.

−	= Submitting a ~~different~~ bid =	+	= Submitting a non-compliant bid =

−	Alternative or non-compliant bid proposals may be submitted if the tenderer believes that an alternative to what has been requested by the client could offer better value for money and/or is a more innovative solution. ~~Non~~-compliant proposals should only be submitted if they have been requested or are explicitly permitted by the client.	+	Alternative or non-compliant bid proposals may be submitted if the tenderer believes that an alternative to what has been requested by the client could offer better value for money and/or is a more innovative solution. However, non-compliant proposals should only be submitted if they have been requested or are explicitly permitted by the client. They should generally be accompanied by a compliant bid to allow client a way of comparing tenderers.

	For more information, see Variant bid.		For more information, see Variant bid.
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	= Including mistakes =		= Including mistakes =

−	There are several common mistakes that can be made when tendering for construction projects which can harm the chances of the bid being successful.	+	There are several common mistakes that can be made when tendering for construction projects which can harm the chances of the bid being successful. This includes; inaccurate costings, incorrect formatting, missing information and so on.

	For more information, see Common mistakes in construction tenders.		For more information, see Common mistakes in construction tenders.

Editor: Created page with "= Introduction = A tender is a submission made by a prospective supplier in response to an invitation to tender. It makes an offer for the supply of goods or services. Tender do..."

2018-08-13T15:29:45Z

Created page with "= Introduction = A tender is a submission made by a prospective supplier in response to an invitation to tender. It makes an offer for the supply of goods or services. Tender do..."

New page

= Introduction =

A tender is a submission made by a prospective supplier in response to an invitation to tender. It makes an offer for the supply of goods or services. Tender documents are prepared to seek tenders (offers).

The tendering process is the opportunity on the part of the bidder to demonstrate suitability for the project over the competitors. There are several things that should be avoided when tendering for construction projects which can harm the chances of the bid being successful.

= Including unnecessary information =

It is important to try and keep the tender concise, relevant and to-the-point. This will make the tender evaluation process easier for the procurement team and mean that they do not have to spend more time than is necessary getting to the key information.

= Bidding for too many projects =

There can be the temptation to bid for a lot of projects in the hope that this increasing the likelihood of winning work. However, it can be better to concentrate on submitting a few carefully considered tenders rather than spreading resources more thinly over a lot of tenders. By creating a tender checklist, a company can better understand the tenders that it is likely to be able to deliver well and profitably.

= Overlooking risks =

When preparing a bid proposal, it is important to identify and manage the risks, which will be unique to each construction project. The probability of the identified risks should be considered, and the impact it may have on the project evaluated. By doing this, the bid that is submitted will be more comprehensive and mean that the tenderer is better prepared should they win the contract and have to deal with the situation if it occurs.

= Submitting a different bid =

Alternative or non-compliant bid proposals may be submitted if the tenderer believes that an alternative to what has been requested by the client could offer better value for money and/or is a more innovative solution. Non-compliant proposals should only be submitted if they have been requested or are explicitly permitted by the client.

For more information, see Variant bid.

= Including mistakes =

There are several common mistakes that can be made when tendering for construction projects which can harm the chances of the bid being successful.

For more information, see Common mistakes in construction tenders.

= Find out more =

=== Related articles on Designing Buildings Wiki ===

* Common mistakes in bill of quantities.
* Common mistakes in construction tenders.
* Common mistakes on building drawings.
* Form of tender.
* How to prepare tender documents.
* Invitation to tender.
* Selective tendering.
* Tender.
* Tender documentation.
* Tender evaluation.
* Tender processes.
* Variant bid.

[[Category:Cost_/_business_planning]] [[Category:Procurement]]