Tendering - Do's and Don'ts to Promote Best Practices
After participating in this course, you will be able to:
• Differentiate between contract prices and subcontract prices and develop the right practice to deal with the latter
• Apply your knowledge of what happens if the tender is not awarded to the lowest bidder
• Use in your tendering practice the learnings of what happens if there are allegations that a bid is non-compliant
• Improve your tendering practice with the knowledge of the liability of the consultant to the owner and contractor arising out of the tendering process
• Develop a checklist to ensure that all requirements for a tender are complete
• Law of tendering
• Contractor’s obligations to the owner
• Owner’s obligations to the contractor
• Before the bids are opened
• Once the bids are opened
• Consultant’s obligations in bid evaluation
• Subcontractors
• Best practices checklist
As a method of procurement, tendering is hazardous. Errors in accepting or evaluating bids can have expensive consequences, either in lost business opportunity or in legal liability. The law of tenders is complicated and constantly changing as the courts and the construction industry grapple with the evolving business climate.
In spite of all the care and caution involved in the preparation of bid packages, problems have arisen many times in accepting a bid and awarding a contract. From preparation of tender documents to the award of a contract, there are a number of activities performed by owners, consultants and contractors. All of these activities have legal implications.
• Project Officers & Managers • Construction Managers • Consultants • Business Owners • Operations Managers • Municipal Engineers
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