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Bid preparation

For example, a single EPC lump sum contract awarded on competitive basis will place most of the risk on the contractor s shoulders but require a very thorough, lengthy and expensive bid preparation process that could discourage contractors from submitting bids. [Pg.141]

Harris, F. and R. McCaffer. 2006. Modern Construction Management, 6th ed. Oxford, U.K. Blackwell Scientific. A textbook that provides an introduction to most aspects of construction managanent from a U.K. perspective, covering bid preparation, plant management, and more. [Pg.152]

One potential difficulty in some locations is that of protracted timescales. This possibility needs to be considered at the bid preparation and contract negotiation stage, having regard to commissioning as the final phase of the project and thus likely to be most affected. [Pg.60]

Example 12 Expected Value of Net Profit Let iis consider a contractor who stands to make a net profit of 100,000 on a contract. The cost of preparing the bid on the contract is 10,000. There are four competing contractors, each with a probability pi = 0.25 of obtaining the contract. Thus, each contractor has a probability p2 = 0.75 of not obtaining the contract. Therefore, the expected value of the project is... [Pg.828]

E-F Prepare preliminary control plan and O-P Procure constmction bids. [Pg.2182]

In this phase of the toller selection process, we assume the long list became a short list and now one or more candidate tollers from the short list will be given an opportunity to prepare a commercial bid. This by no means indicates the short listed tollers are perfect. There may be deficiencies that need to be corrected in concert with the client. With proper effort, one will be successful and be engaged for the toll. Sometimes it is appropriate to decide on a backup toller, as complications can develop that prevent the primary candidate from executing the project as originally planned, due to an incident in their plant, departure of key personnel, or unexpected production demands on the toller. [Pg.39]

Material and welding quality inspections, based on industry standards, are desirable. Again, API gives some guidance. Beyond this, the inspection method and acceptance criteria must be clearly stated. In preparing his bid, the vendor must understand exactly what is desired. [Pg.447]

When all bids are received, one engineer should be assigned the job to review the bids for completeness and to prepare a bid tabulation. On a large job, this job may be divided into several tasks and may take a considerable length of time. On smaller jobs, it may be a relatively short project,... [Pg.455]

Once the bidders have been selected, an Invitation to Tender (ITT) needs to be prepared to provide a fixed baseline against which unbiased competitive bids may be made. The technical, commercial, and managerial requirements should be finalized and subject to review and approval prior to release. It is important that all functions with responsibili-... [Pg.318]

The following listing of data to be supplied to manufacturers when ordering motors or requesting bids is based on the requirements and recommendations of a number of representative manufacturers. This list is split into vital and desirable information and is intended as a checklist in preparing both requisitions and purchase orders. By using this list, you will give the manufacturer a clear picture of your needs for most motor applications in the oil and petrochemical industries and eliminate call-backs, requests for supplementary information, and so on. [Pg.657]

These are documents to be completed by the bidder after he has studied the specification and drawings, where appropriate, and which contain the special commitment of him with respect to the particular job. His chances of being successful will depend largely on how he fills in the forms contained in the documents. Very special care should be taken in preparing these documents, and equally important is analyzing them after bid, as will be discussed in Section 8.12. [Pg.87]

Someone other than the person involved in the job itself should open bids and then hand them to the person involved, after details of bidder have been noted. Bidders cannot expect to be paid for the time or other costs in ordinary circumstances for preparing their bids. [Pg.90]

A qualihed bid can make the offer void, and most organizations would disqualify a bid which was qualihed. An example of a qualihed bid would be where the specihca-tion says that electrical attendance is part of the contract, whereas the bidder says in his bid documents or in an accompanying letter that he has not included for electrical work, and is not prepared to carry it out. A common qualihcation is where a contractor puts forward a manufacturer of plant different to that specihed. The plant may be just as good, but the bid is nonetheless qualihed, and would give an unfair advantage to the bidder. [Pg.90]

The successful bidder should be informed as soon as possible that his bid is to be accepted, to give him the opportunity to plan his operation. Equally, the unsuccessful bidders should be sent a letter expressing appreciation of the time they have spent in preparing their bidder, but informing them that they have been unsuccessful. [Pg.91]

Letters of intent can be the cause of problems, and there are varying views as to their validity. These are sent in advance of contractual documents, being signed because either the documents are not fully prepared or a decision has not yet been confirmed. For example, in local government a bid may have been accepted by a committee but needs ratification by the full council, which can be up to six weeks later. It is rare for a council to overturn a decision made by a committee, but it does happen. In an attempt to expedite matters, it is common policy to... [Pg.91]

Share placings. Shares are issued for a consideration to known and specific parties at an agreed price, usually through the medium of a merchant bank. This reduces the element of vulnerability to takeover bids but does not eliminate the possibility, should any of the placees be prepared to sell their holdings at a future date. [Pg.1038]

Clonidine 0.003-0.01 bid or tid Tourette s syndrome ADHD Aggression/self-abuse Severe agitation Withdrawal syndromes Sedation (very frequent) Hypotension (rare) Dry mouth Confusion (with high dose) Depression Rebound hypertension Localized irritation with transdermal preparation... [Pg.451]

In [NBu4]3[Bi Mo50i3(OMe)4(NO) 2], 11 [54] a Bi cation is surrounded by eight O atoms in form of two monovacant Lindqvist-type-nitrosyl poly-oxomethoxomolybdates ([Mo50i3(OMe)4(NO)] ). 11 is prepared by the reaction between equimolar amounts of [NBu4 2[ Na(MeOH) Mo50i3(OMe)4 (NO)] 3 MeOH and Bids and its crystal structure is shown in Fig. 1. [Pg.211]

A process that was no more than a laboratory phenomenon when the Office of Saline Water was authorized in 1952 has been rapidly developed to the point where it is now one of the most economical processes for the conversion of brackish water to fresh. This process, electrodialysis, was selected for the third demonstration plant. It will be located at Webster, S. D. The Bureau of Reclamation Laboratories in Denver, Colo., prepared the specifications for this plant which will be designed to produce 250,000 gallons of fresh water per day. Operating on water containing between 1500 and 1800 parts of salt per million parts of water, this plant will remove more than 1 ton of salt daily to produce product water with less than 500 parts of salt per million parts of water which is required to meet U. S. Public Health Standards for good drinking water. Construction specifications for this plant were available August 1, and sealed bids will be opened on October 4, 1960. [Pg.8]


See other pages where Bid preparation is mentioned: [Pg.440]    [Pg.455]    [Pg.6]    [Pg.104]    [Pg.210]    [Pg.227]    [Pg.26]    [Pg.83]    [Pg.83]    [Pg.83]    [Pg.83]    [Pg.83]    [Pg.440]    [Pg.455]    [Pg.6]    [Pg.104]    [Pg.210]    [Pg.227]    [Pg.26]    [Pg.83]    [Pg.83]    [Pg.83]    [Pg.83]    [Pg.83]    [Pg.555]    [Pg.187]    [Pg.2]    [Pg.574]    [Pg.93]    [Pg.256]    [Pg.611]    [Pg.106]    [Pg.80]    [Pg.21]    [Pg.20]    [Pg.36]    [Pg.10]    [Pg.453]    [Pg.503]    [Pg.516]    [Pg.95]    [Pg.18]   
See also in sourсe #XX -- [ Pg.83 ]




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