Tendering and Award:
Once the Client has confirmed funds to meet the Budget as previously set:-
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An appropriate method of Contracting the proposed Works to suitable Contractors is agreed on
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Relevant Tender Documents are then prepared and may include:-
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Bills of Quantities
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Architectural/Structural/Building Services Drawings
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Specifications
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Instructions to Tenderers
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Schedule of Materials/Bill of Labour
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Reputable Construction Firms are invited to Bid Competitively for the Works
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The Bids so received are then Evaluated per Criteria and the best Bid Accepted
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At all stages, the Budget as set should not be exceeded.
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The Client then Enters into a Contract (usually Standard) with the Winning Bidder, to Execute the Works as defined in the Documents, at the agreed Contract Sum, within the Stipulated Construction Period.
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The Winning Bidder is then given possession of site, and Construction Work begins