Procurement & Tendering Flashcards

(2 cards)

1
Q

Two stage tendering

A
  1. Improved design collaboration: Early contractor involvement allows the design team and contractor to collaborate, more practical and buildable solutions.
    1. Better cost certainty: Stage one helps establish preliminary costs and risks early, reducing surprises in the second stage.
    2. Time savings: Design development and contractor input happen concurrently, potentially accelerating the overall timeline.
    3. Risk reduction: Risks can be identified and mitigated earlier, improving project outcomes.
    4. Quality contractor selection: The client can assess the contractor’s approach, team, and capabilities before committing to the full contract.
    5. Flexibility: Adjustments can be made during the first stage based on feasibility, cost, or technical feedback.
    6. Improved value engineering: Early contractor input often leads to more efficient solutions and cost-effective choices.
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2
Q

Break clause

A

Enables you to cut off at stage 1, could be for planning or if you are unhappy with contractor performance

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