Tender Return Review Report
When to use Tender Reports: Once tenders have been received, a careful process of evaluation and assessment must be carried out to identify the preferred tenderer. Tenders that best meet the Client's needs and offer the best value for money are more beneficial than simply picking the cheapest price. Client needs, priorities and definition of value will vary from project to project and so assessment criteria will also vary from project to project. Typically, a Tender Return Review Report will consider price, relevant experience and understanding of the requirements, technical skills, resource availability, management skills and systems and the proposed methodology (including mobilisation plans, design proposals and non-compliant bids).
Scope of Service
Tender Return Review Report are based on the number and range of tenders received from Head Contractors for a given project. Each Report includes:
- Details of Tenders Received
- Summary of Prices received
- Details of Qualifications and Clarifications
- Results of any negotiations to resolve qualifications
- Outcomes of the application of the tender evaluation criteria
- Recommendation for Tender Acceptance
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Interim Valuation
The Housing Grants, Construction and Regeneration Act 1996 (as amended) stipulates that interim or stage payments are due to any party to a construction contract that has a duration of more than 45 days. In the absence of specific requirements in the building contract default provisions apply.
For gross valuations likely to exceed £5m construction cost, please contact us for a bespoke quotation.
Tender Document Package
A Tender Document Package provides a basis for the obtaining of competitive tenders from Contractors or Sub-Contractors. The scope of works and basis of contract is clearly defined and tenders received are consistent, comparable and can be utilised for subsequent cost control measures.
For work likely to exceed £5m construction cost, please contact us for a bespoke quotation.