Tendering Flashcards
(13 cards)
What is the main goal of procurement in construction?
To source services and materials while ensuring quality, timing, and cost control.
Define tendering in the construction industry.
A competitive bidding process to ensure fair contractor selection and project value.
name three key principles of effective procurement.
Transparency, compliance, cost-effectiveness.
What is the purpose of an Expression of Interest (EOI)?
To identify contractors interested in bidding during early procurement
What does an Invitation to Tender (ITT) contain?
Project details, submission instructions, and evaluation criteria.
What’s the main difference between EOI and ITT?
EOI is for gauging interest; ITT is for formal bidding.
What is included in Pre-Construction Information (PCI)?
What is included in Pre-Construction Information (PCI)?
Why is a Tender Pricing Document used?
To standardize how contractors submit cost breakdowns.
What do Bills of Quantities (BoQ) help determine?
Total project costs based on material quantities and pricing.
What is the purpose of construction specifications?
To define standards for materials, workmanship, and performance.
What are project schedules used for?
Tracking tasks, milestones, and project timelines
List three Modern Methods of Construction (MMC).
Prefabrication, modular construction, 3D printing.
What are the benefits of MMC?
Improved efficiency, reduced waste, environmental benefits.
