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    Bachelor of Quantity Surveying (Hons) Qsb60504 Estimating: Seminar Question 2 Factors Affecting Tender Decision

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    Daphne Tan 丽文
    This document discusses factors that affect a contractor's decision to bid on a tender project. It lists 5 key factors: 1) quality of drawings and specifications, as poor quality can lead to costly disruptions; 2) experience with the specific type of work, which helps ensure successful completion; 3) current financial situation of the company, which determines their ability to complete the project; 4) having qualified material suppliers to reduce costs and prevent shortages; 5) current workload and other potential projects, which impacts a contractor's resources and capabilities to take on new projects. The document analyzes each factor's influence on a contractor's tender decision-making process.

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    Bachelor of Quantity Surveying (Hons) Qsb60504 Estimating: Seminar Question 2 Factors Affecting Tender Decision

    Uploaded by

    Daphne Tan 丽文
    48 views9 pages
    This document discusses factors that affect a contractor's decision to bid on a tender project. It lists 5 key factors: 1) quality of drawings and specifications, as poor quality can lead to costly disruptions; 2) experience with the specific type of work, which helps ensure successful completion; 3) current financial situation of the company, which determines their ability to complete the project; 4) having qualified material suppliers to reduce costs and prevent shortages; 5) current workload and other potential projects, which impacts a contractor's resources and capabilities to take on new projects. The document analyzes each factor's influence on a contractor's tender decision-making process.

    Original Description:

    Estimating Seminar Q2

    Original Title

    Estimating Seminar -Presentation (2)

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    This document discusses factors that affect a contractor's decision to bid on a tender project. It lists 5 key factors: 1) quality of drawings and specifications, as poor quality can lead to costly disruptions; 2) experience with the specific type of work, which helps ensure successful completion; 3) current financial situation of the company, which determines their ability to complete the project; 4) having qualified material suppliers to reduce costs and prevent shortages; 5) current workload and other potential projects, which impacts a contractor's resources and capabilities to take on new projects. The document analyzes each factor's influence on a contractor's tender decision-making process.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    48 views9 pages

    Bachelor of Quantity Surveying (Hons) Qsb60504 Estimating: Seminar Question 2 Factors Affecting Tender Decision

    Uploaded by

    Daphne Tan 丽文
    This document discusses factors that affect a contractor's decision to bid on a tender project. It lists 5 key factors: 1) quality of drawings and specifications, as poor quality can lead to costly disruptions; 2) experience with the specific type of work, which helps ensure successful completion; 3) current financial situation of the company, which determines their ability to complete the project; 4) having qualified material suppliers to reduce costs and prevent shortages; 5) current workload and other potential projects, which impacts a contractor's resources and capabilities to take on new projects. The document analyzes each factor's influence on a contractor's tender decision-making process.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 9

    BACHELOR OF QUANTITY SURVEYING (HONS)

    QSB60504 ESTIMATING

    Seminar Question 2
    Factors Affecting Tender Decision

    Presented by: Lecturer:


    Daphne Tan Li Wen 0329055
    Karen Lim Shi Chee 0329431 MS. AZRINA BINTI MD YAAKOB
    Lau Wan Yee 0328947
    Loh Wei Ting 0328314
    Low Cost Apartment in Kajang
    01 QUALITY OF DRAWING AND
    SPECIFICATION

    Poor quality drawings and specifications


    may lead to costly disruptions

    Does not reflect adequately the client’s


    intentions of project requirements and the
    tender process may become ambiguous
    02 EXPERIENCE AND FAMILIARITY OF THE FIRM
    WITH THIS SPECIFIC TYPE OF WORK

    Ensures successful Increase the strength


    completion within of the firm or the
    the stipulated time company

    Achieving quality Contractor might consider


    teaming up with another or
    workmanship
    any type of consortium in
    order to assure sufficient
    expertise to perform the
    work and to spread the risk
    of the project.
    03 CURRENT FINANCIAL SITUATION OF THE
    COMPANY

    Determine the effectiveness in achieving completion


    of the work

    To mobilize the project and to complete within


    the specified time
    04 HAVING QUALIFIED MATERIAL SUPPLIERS
    Materials prove Utilize the material
    to a vital resource suppliers in the
    vicinity of the site of
    work can reduce the
    cost of transportation
    and handling
    Proper utilization
    and preventing
    inadequacy or
    shortage of quality
    materials
    05 WORKLOAD AND OTHER POTENTIAL
    PROJECTS

    Contractor needs to consider what other projects


    are likely to be bid for in the same timeframe.

    Current workload may impact contractor’s


    – Equipment
    – Key personnel
    – Logistics
    – Bonding
    – Financial capabilities
    ‘TO BID OR NOT TO BID? ’
    Thank You ! :)

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