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Tender Assessment

As the Project Surveyor appointed by the Employer, you are responsible for examining all tenders received and preparing a tender report to advise the Employer on which tender should be accepted.

Briefly describe the information that should be submitted by the tenderers during the return of the tender, and explain the purpose of assessing such information.

Note: All tenderers have submitted the main contract tender for a proposed hotel development in CBD Sydney. This project is a lump sum fixed price contract with a contract period of 450 days as specified in the tender documents.

Answer :

Final answer:

Tenderers are required to submit information about their price, contract period, relevant experience, financial stability, and technical competence during the return of the tender. This information is assessed to evaluate the suitability of the tenderers for the hotel development project in CBD Sydney.

Explanation:

During the return of the tender, tenderers are required to submit various pieces of information that are crucial for the assessment of their bids and selection of the most suitable contractor for the proposed hotel development project in CBD Sydney.

The information that should be submitted by the tenderers includes:

Price: Tenderers should provide the lump sum fixed price for the contract. This is the amount they are willing to undertake the project for. The price should be competitive and reasonable, considering the scope of work and market rates.

Contract Period: Tenderers should specify the duration for which they are willing to complete the project. In this case, the contract period is 450 days. The contract period should be realistic and achievable, taking into account the complexity of the project and the resources available.

Relevant Experience: Tenderers should provide details of their previous experience in similar projects. This includes information about completed projects, their size, complexity, and any relevant certifications or awards. The relevant experience demonstrates the tenderers' capability to successfully execute the hotel development project.

Financial Stability: Tenderers should provide information about their financial stability, including their financial statements, credit ratings, and any other relevant financial information. This helps in assessing the tenderers' ability to manage the financial aspects of the project and ensures that they have the necessary resources to complete the project.

Technical Competence: Tenderers should demonstrate their technical competence by providing information about their team, qualifications, and any specialized equipment or technology they possess. This showcases the tenderers' expertise and resources to handle the technical aspects of the hotel development project.

The purpose of assessing this information is to evaluate the suitability of the tenderers for the project. The employer needs to ensure that the selected contractor is capable of completing the project within the specified time and budget, and has the necessary experience and resources. By considering the price, contract period, relevant experience, financial stability, and technical competence of the tenderers, the employer can identify the most qualified and reliable tenderer for the hotel development project in CBD Sydney.

Learn more about submission of information by tenderers and its assessment here:

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