Open AccessOn the issue of cost and timing of contract tenders for industrial and civil construction
Author(s) -
М.В. Матвеева,
T. G. Doroshenko,
I. A. Sukhanova
Publication year - 2019
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/667/1/012063
Subject(s) - call for bids , procurement , business , construct (python library) , contract management , goods and services , process (computing) , construction bidding , request for proposal , operations management , industrial organization , marketing , computer science , engineering , economics , project management , pre construction services , management , market economy , program management , programming language , operating system
A tender is a submission made by a prospective supplier in response to an invitation to tender. It makes an offer for the supply of goods or services. In construction, the main tender process is generally for the selection of the contractor that will construct the works. However, as procurement routes have become more complex, so tenders may be sought for a wide range of goods and services (for example, on a construction management contract the works are constructed by a number of different trade contractors each contracted to the client) and contractors may take on additional functions such as design and management.