Get The Right Tender Analysis...
22 Mar, 2016 3:14 PM
When it comes to awarding a project to the contractor, it may be first instinct to select the bidder based on cost. However, the lowest cost does not necessarily mean they are the right bidder.
A Tender Analysis involves evaluation of the bidders’ exclusions, qualifications, or clarifications and their cost implications, determining item-by-item variances between the budget and the tender, and examining if any significant variations may be the result of a scope of work error.
