The Tendering / Bidding Process In Construction

Learn the process of tendering / bidding for a construction project from the Estimator’s seat

What you'll learn

What is Tendering / Bidding for a Construction Project

Where to find tender advertisements

Overview of the decision whether to bid or not

What is an Invitation to Tender (ITT)

What Documents comprise an ITT

The Estimator’s review of an ITT

Subcontractor ITT Process

Estimator Pricing

Review of Subcontractor quotations

Finalisation of Pricing Submission

Preparation of Tender Documents

Tender Checklist

Tender / Bid Submission i.e. Putting it all together

Requirements

Basic Understanding of Construction Projects

Interest in Financial Management of Construction Projects

Structured / Process driven

Curiosity

Description

In construction, have you ever wondered how a company finds work and what the process is in both the public & private sectors.In a snapshot, if a business requires goods or services from a construction company (A Need), they will typically go through a procurement process to identify a suitable contractor. As part of this process (called Tendering), they will develop and issue an invitation to tender.Simultaneously, contractors are constantly on the lookout for work. Obtaining information about upcoming projects is a big part of the overall marketing effort of a construction company.But what does this mean, and how do you go about responding to it?In this course, you and me will be learning about the process of tendering / bidding for construction projects, but specifically from an estimator’s role within a construction company.During the course, we will be using a past tender to make the learning journey as real as possible so that you will be provided with the confidence and foundation skills to take your first steps into estimating.If you are already employed in the construction industry or wanting to learn what the role of an Estimator is during the tendering / bidding process for a construction project, then this course is for you.So that said, enrol now and learn about the tendering / bidding process for a construction project from the Estimator’s seat.

Overview

Section 1: Opening Credits

Lecture 1 Introduction

Lecture 2 Course Outline

Lecture 3 Getting Started

Section 2: Main Content

Lecture 4 Introduction to Tendering

Lecture 5 Setting the Scene

Lecture 6 Tender Advertisements

Lecture 7 To Bid or Not to Bid

Lecture 8 What is an Invitation to Tender

Lecture 9 Tender Documents

Lecture 10 The Estimators Review - Part 1

Lecture 11 The Estimators Review - Part 2

Lecture 12 The Subcontractor Invitation to Tender Process

Lecture 13 Estimator Pricing

Lecture 14 Review of Subcontractor Quotations

Lecture 15 Finalization of Pricing Submission

Lecture 16 Preparation of Tender Documents

Lecture 17 Tender Checklist

Lecture 18 Tender Submission

Section 3: Closing Credits

Lecture 19 Conclusion

Contractor Quantity Surveyors,Contractor Trainee Estimator’s,Project Managers,Contract Administrators,Cost Consultants,Cost Engineers,Cost Analysts,Construction Professionals who are involved with the cost control of a project,Construction Professionals who want to understand an Estimator’s role during the tendering / bidding process