Question: 1) Why are there two bidding stages in some projects, i.e., technical evaluation and then financial evaluation? Explain these bidding stages. Also, discuss the

1) Why are there two bidding stages in some projects, i.e., technical

1) Why are there two bidding stages in some projects, i.e., technical evaluation and then financial evaluation? Explain these bidding stages. Also, discuss the merit of the two-way assessment of contractors? If your company wants to participate in a construction contract under the Pakistan Engineering Council's (PEC) guidelines and has to qualify for technical criterion, enlist all the paper documents the company will prepare to submit to PEC and fulfill technical soundness.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Two Bidding Stages Technical Evaluation and Financial Evaluation In some construction projects there are two bidding stages to ensure that the selected contractor is not only financially qualified but ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (2 attachments)

664275e22b1fd_980108.pdf

180 KBs PDF File

664275e22b1fd_980108.docx

120 KBs Word File

Students Have Also Explored These Related Civil Engineering Questions!

1 9 9 0 s Internet Stock Boom According to an article, 1 4 . 7 % of Internet stocks that entered the market in 1 9 9 9 ended up trading below their initial offering prices. If you were an investor...

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Risk Analysis and Management of Construction and Operations in Offshore Wind Power Project Abstract: Many countries have increased the use of renewable energy and strongly promoted offshore wind...

Identify weaknesses in your RFP and suggest improvements to enhance its quality. Update the final revised RFP for your final project report - not needed as part of this discussion. Each individual...

Part I: Answer each question thoroughly, read over each problem, discuss the pros and cons of each option, and select the best option including your justification and your own opinion. H & I Advanced...

Unit Information PEN593 Energy Economics Teaching Period: S2 2022 This guide should be used in conjunction with the Handbook as the official source of information about this unit. Refer to myMurdoch...

Develop and present chapter 1 (PM Using Earned Value) from the text. You will need to provide an activity and/or post a few questions from the chapter to be discussed. You will need to present the...

ARTICLE REVIEW Write an article review about the attitudes and professionalism in Operations Management of the following article. Based on the selected company case/article/material, write 4...

MBA 5652, Research Methods Course Syllabus Course Description Business research methods will guide students in advancing their knowledge of different research principles and their applicability in...

CAFR Mini-Project Goal To research and analyze the Comprehensive Annual Financial Report of a US city with a population of at least 100,000. Choose your City Download the most recent CAFR of a city...

Design a complete hydraulic system (schematic diagram only using ISO symbols) to control the two boom cylinders of excavator in both up & down directions. Your design should take in consideration...

Based on the data in Exercise 21-7 and assuming that the average compensation per hour for staff is $40 and for partners is $150, prepare a professional labor cost budget for each department for...

code class = "asciimath" > Evaluate this integral \ int ( 4 x ) / ( 2 x ^ 2 + 3 ) dx

Vogel Co. produces three models of heating and air conditioning thermostat components. The following table summarizes data about each model: Required: a. Criticize the preceding presentation. On what...

1. During 2011, Barry (who is single and has no children) earned a salary of $13,000. He is age 30. His earned income credit for the year is: a. $0. b. $50. c. $414. d. $464. e. None of the above. 2....

The following data were taken from the financial statements of Heston Enterprises Inc. for the current fiscal year. Assuming that long-term investments totaled $2,100,000 throughout the year and that...

Calculate income for a midyear investment Car Corporation pays $600,000 for a 30 percent interest in Med Corporation on July 1, 2011, when the book value of Med's identifiable net assets equals fair...

Dok Company acquired a 30 percent interest in Oak on January 1 for $2,000,000 cash. Assume the cost of the investment equals the fair value of Oaks net assets. Dok assigned the $500,000 fair value...

6 Theory of Machines 5. A shaft carries five masses A, B, C, D and E which revolve at the same radius in planes which are equidistant from one another. The magnitude of the masses in planes A, C and...

The following is an alphabetical list of accounts and balances for J. Saggit, proprietorship, at June 30, 2017: Instructions Prepare a trial balance at June 30, sorting each account into the debit or...

You are given the following information for transactions by Schwinghamer Co. All transactions are settled in cash. Schwinghamer uses a perpetual inventory system and the FIFO cost formula....

Melody Lane Co. provides music lessons to many clients across the city. The following information is available to be used in recording annual adjusting entries at the company's September 30, 2017,...

Use the information given and Table 5 in Appendix I to bound the p-value for a chi-square test 10. X 4.29, df = 5

Give the rejection region for a chi-square test of specified probabilities if the experiment involves k categories. 7. k 10, a .01

Give the rejection region for a chi-square test of specified probabilities if the experiment involves k categories. 8. k=4,a=.10