Tender bid report 13 TENDER BID REPORT
Added on 2021-04-21
13 Pages4252 Words440 Views
FinanceLeadership ManagementProfessional DevelopmentCalculus and Analysis
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Tender Bid Report 1TENDER BID REPORTBy NameCourseInstructorInstitutionLocationDate
Tender Bid Report 2Tender bid reportIntroductionA tender bid report is a detailed history of a tendering process involving analysis of each tender submitted and any succeeding negotiation. The report is usually prepared by a cost consultant or a planning engineer and is to be submitted to the client. A tender basically refers to the process whereby financial institutions or the government invite bids from different groups for a given project that is meant to be completed within a stipulated period of time. Making a bid, therefore, shows the willingness to buy or carry out the project having satisfactorily met the required conditions set by the financial institution or government. This report mainly tends to discuss and outline the following objectives -;Critically evaluating and appraising a procurement strategy that is selected by the bidder and which is applicable to a construction project.Evaluating precautions related to health and general safety and show the implications of their costs on the project selected (Asquith & Kieschnick, 2011).Preparing the price of the tender and also the tender planConversing the bidding strategy and the approach of tendering that is selectedThe report will therefore enable us to assess the various methods of tendering that are currently used inthe construction industry and how they are applied during the procurement process. Careful considerations on costs and prices will equally be analysed and their impacts on health and safety discussed (Baron, 2010).The two participants that this report mainly talks about are a construction company named AAA and thegovernment who in this case is the one who owns and finances the project and thus also outlines the terms for the tender. AAA Construction Company will be participating in a tender bid for a construction project being offered by the government. The stipulated completion time for the project is within two years (Bebchuk, 2012).Statement of the projectBackground of the companyAAAConstruction Company is a USD 20 billion technology, construction, engineering, manufacturing and financial services corporation, all on worldwide operations. This is a company that is ranked fourth in the international of Green companies in the industrial sector. It is ranked 9th among the most innovative companies. AAAConstruction Company is among the most respected companies in Oman’s private sector and also one of the largest. It is built on a belief for a robust and customer-focused approach and the constant pursuit of top-class quality. This has aided AAAConstruction Company to achieve and maintain leadership in its foremost lines all over the decades of its existence (Berkovitch et al, 2010).The project
Tender Bid Report 3AAA Construction Company launched an extensive design to construct Al Batinah Expressway in Oman. An Expressway is generally the uppermost grade category of highway with a controlled access highway which has access to ramps, lane dividers, overpass, bridges, etc. it is designed specifically for easy flow for a lot of traffic. Traffic from both directions flows steadily since they are separated by a divider between lanes. An Expressway is purposefully built for high-speed traffic. It has reduced access points and exits with very rare intersections or none at all (Betts & Brown, 2012).
Tender Bid Report 4Figure 1 artistic impressions of the Al Batinah Expressway Project
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