Tender Evaluation and Review

Details

The course offers a detailed examination of the tender evaluation and review process in the construction industry. Participants will learn to apply structured and fair methods to assess tenders, ensuring that the best value is obtained and that the selection process aligns with legal standards and project goals.

Target Group

Target Group:

• Procurement Officers and Managers in the Construction Sector
• Project Managers responsible for contract awards
• Construction Contract Administrators
• Quantity Surveyors
• Financial Analysts involved in construction projects
• Compliance and Risk Management Professionals

Goals

• Master the fundamentals of tender evaluation processes in construction.
• Develop critical skills in analyzing tenders for technical and financial compliance.
• Learn to manage tender review meetings and documentation effectively.
• Implement best practices for transparent and fair contractor selection.
• Enhance capabilities in mitigating risks associated with the tendering process.

Target Competencies

• Tender Analysis: Proficiency in assessing bids for compliance with project specifications and value for money.
• Procurement Strategy: Skills in developing and executing procurement strategies that mitigate risks and maximize benefits.
• Regulatory Compliance: Understanding of legal frameworks surrounding the tendering process.
• Decision Making: Enhancing decision-making skills with a focus on ethical and transparent selection processes.
• Risk Management: Ability to identify and manage potential risks in the procurement cycle.

Outlines

Introduction to Tender Evaluation

• Overview of the Tendering Process in Construction
• Legal and Ethical Considerations in Tendering
• Roles and Responsibilities in the Tender Evaluation Committee
• Developing a Tender Evaluation Plan
• Using Prequalification Criteria to Screen Bidders

Tender Review Techniques

• Analyzing Tender Documents for Compliance
• Assessing Technical Proposals against Specifications
• Financial Evaluation: Pricing Structures and Total Cost Analysis
• Importance of Sustainability and Corporate Responsibility in Tenders
• Workshop: Conducting a Mock Tender Review Session