Contractor prequalification is among the actions which need to have taken place before tendering is done for a given project. However, it is necessary first establishing what a tender is to ensure grasping how the entire tendering process works. A tender may be described as any bid submitted for a contract or formal offer for carrying out some work.
It is most commonly used within the construction industry, where it is referred to as ‘request for tender’. An invitation is made for qualified contractors or suppliers to submit bids for construction based upon a clear-cut construction project covering a specific time-frame.
The structured process of tendering is pre-defined by law, which ensures equal and fair opportunities for the suppliers bidding for business. As such, the process is not affected by unwanted factors like nepotism and bribery.
Stages Leading Up to Construction Tendering
Before prequalification in contractor and process of tendering can start, many phases of the construction project would already have taken place. They include:
1. Assembling a team of professional consultants (architect, structural consultant, cost consultant and building services consultant)
2. The drawing up of proposed designs and plans for the construction project that will be submitted to your local planning authority
3. Tendering process can then kick off once the local consultation and entire approval of the project by the local planning authority is over
The Contractor Prequalification and Tendering Process
This process involves creating a ‘skeletal’ framework of suppliers and contractors to be assigned specific aspects of proposed construction plans.
If a particular construction project is ‘open to tender’, any suppliers and contractors interested in bidding for the opportunity are required to submit a Pre-Qualification Questionnaire (PQQ).
The contractor prequalification process aims identifying which potential candidates are best suited to performing the tasks required. After undergoing this evaluation, the shortlisted candidates may then bid for tender.
The final candidates selected afterwards present the client with a proposal outlining how they plan on adhering to the brief as per the project’s requirements. Upon receipt of these, the client further gets to negotiate with the candidates before choosing the successful one at last. The selected contractor can then outsource and invite the Tier 2 package suppliers to provide bids for specialist fields of the project, like roofing and building services.
For any given project, each supplier involved passes through the same stages of prequalification contractor outlined above undergoes. Everyone involved in it can expect being subjected to a fair structure of evaluation for bid proposals from start to finish for the work proposed.
Although the above process may appear lengthy, all of these required aspects make the tendering process much more logical and structured in ensuring the construction project is of high quality keeps free from errors.
Whether conducted before, while or after tendering is done, all steps pertinent to this process are essential to the success of construction work. If seeking for the best prequalification in contractor for various construction projects, you can find help available at http://www.iprosolutions.com/.