Overview
Engineers routinely design and bid projects. The Bid Proposal Form, which summarizes how the contractor will be compensated, becomes a major factor in the tone for the working relationship between the engineer/owner and the contractor. By considering variations on how items can be measured and paid, the engineer may create more win-win conditions between the owner and staff, the contractor and the contractor’s material suppliers. This course covers some basic techniques as well as unique alternatives and describes some typical results that can be expected when using these bidding parameters.
This course will have relevance to any engineer that creates bid documents. The examples in the course relate to earthwork construction, but most any work that can be expressed for bidding purposes can be substituted into this material.
Prerequisite knowledge required to complete this course: The engineer should have a basic understanding of the bid creation process, reviewing bids received, and involvement during the contractor’s execution of the work. The student learn multiple alternatives to use when creating future Bid Proposal Forms and will recognize how each choice may affect the final bid results. The student will also learn why various techniques have beneficial effects within their organization, as well as during execution of the work by the contractor.
The student must take a multiple-choice quiz consisting of fifteen (15) questions at the end of the course to obtain PDH credits.
Specific Knowledge or Skill Obtained
This course teaches the following specific knowledge and skills:
- Selection of common methods of measurement and their consequences
- Selection of common methods of payment and their consequences
- Unique alternatives to these common methods of measurement and payment
- A basic understanding of the reviewing for balanced bids
- The necessity for Change Orders and how they can be minimized through the measurement and payment choices
- How to reduce cash-flow problems for the contractor through timely payments
- How extending existing line items may reduce negotiated extras, and why that is important
Course
Click on the following link to the PDF document to review the course material before taking the quiz for credit.
Creating Successful Bid Proposals
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