Evaluation of Tenders
Tender evaluation is more than comparing prices. Check scope, exclusions, assumptions, experience, risk and capability before awarding the contract.
Procurement
How Long Should you Set Project Proposal, Tender or Quote Response Times?
Short RFP/RFQ/RFT response times reduce the quality of project proposals and ultimately increase project costs. Reduce the chances of this happening by allowing sufficient time for companies to prepare quality proposals.
Low Bids by Contractors
Be wary of low bids by contractors. Get a number of bids. Compare and check why a low bid is so low. If a low bid is accepted, be especially …
Why you Should Have a Single Contact Person in Tender Requests and Offers
Ensure your request for offer and also your offer documents list a single contact person for contacting for further details or clarifications.
You Need a Good Suppliers List
Save time and money with a well organised list of suppliers and contractors that can be contacted for work to help deliver your project.
Delegation Limits: Understanding Your Clients Approval Delegation Process (Approval Limit)
You don’t want to wait weeks and months for a client to approve your proposal. Save time and win more business by understanding the approval delegation limits of your client.
Processing Purchase Orders Efficiently
If you work on an alliance project or any project where some tasks are done by a collection of organisations, make sure there is a clear and simple procedure for …
Watch External Dependencies
Keep a careful watch on external dependencies. External things such as deliveries, contracts, and approvals that could delay your project if late. They may not be your direct responsibility and …
Check the Status of the Supplier
Before the final signing of a contract with a supplier or contractor, review their status to make sure they are still capable of delivering as originally discussed. They may have …
Order More than Required
When ordering lots of smaller items (e.g. 50 x 40mm PVC ball valves) it is a good idea to order 5 to 10 percent more than required. This allows for …