TENDERING, ESTIMATING AND QUANTITY SURVEYING – Tendering Methods & procedures:
Tendering Methods & procedures: Methods of Contractor Selection: The selection of a contractor to carry out construction works in a project is a very important matter. A wrong choice may lead to an unhappy client / contractor relationship. It also may end up with dissatisfied client and sometimes even with an insolvent contractor. The client’s professional advisers should find a contracting company; That is financially stable / and has a good business record. For which the size of project is neither too small nor too large. That has a reputation for good quality workmanship and efficient organization. There are three principal methods for choosing a contractor: (a) open tendering, (b) selective tendering, (c) nomination. Open Tendering – Initiated by client’s architect/ quantity surveyor advertising in newspapers and/or inviting contractors to apply for tender documents and to tender in competition for carrying out the work. Usually a deposit i