Questions and answers

What is a mandatory pre bid meeting?

What is a mandatory pre bid meeting?

Pre-bid meetings are conducted by the owner to clarify any concerns the bidders may have with the solicitation documents, scope of work and other project details. Attendance is not mandatory, however it is highly-recommended for prospective bidders to attend.

Is pre Bid Conference mandatory?

It likewise provides that the Pre-Bid Conference is open to prospective bidders, and in case of procurement of consulting services, the shortlisted bidder, but attendance shall not be mandatory.

What is the purpose of a pre bid meeting?

Pre-bid meetings give you an opportunity to learn about the details of the project and to ask the Project Manager or the contract manager questions.

What are pre bid activities?

Pre-bid meetings are gatherings scheduled after an invitation for bids or request for proposals is advertised. They are called pre-bid meetings because they are pertinent to procurement of goods, non-consultant services and works. When they are scheduled for consulting services, they are called pre-proposal meetings.

Is post bid meeting a good idea?

Post-bid actually reduces latency compared to a daisy chain mediation setup, because in post-bid all demand sources are requested concurrently, instead of in a waterfall. Additionally, post-bid does not need as many line items, so initial setup is easier than header bidding.

How do you prepare for a pre bid meeting?

5 Tips To Stage A Successful Pre-Bid Meeting

  1. Write Clear, Comprehensive, Non-Restrictive Specs.
  2. Compromise Carefully on Specifications.
  3. Buy Strictly on the Basis of an Evaluated Bid.
  4. Make Attendance Elective.
  5. Follow the Meeting Format and Timeline.

When should a pre-bid conference be held?

Pre-bid meetings are usually held a week or two before the invitation to bid or request for proposals are announced. This gives you enough time to prepare any questions you may have. Study the solicitation documents and be ready to engage with the owner when the time comes (more on that below).

How do you prepare for a pre-bid meeting?

What happens in a pre bid meeting?

A pre-bid meeting is conducted to clear up any confusion regarding project details, scope of work, and solicitation of documents. It is during a pre-bid meeting that contractors can decide whether a project is in their company’s best interest.

What happens in a pre-bid meeting?

Is a post-bid meeting a good idea?

What is a post-bid interview?

The post-bid interview process gives the building owner an opportunity to become acquainted with the contractors and contractor’s team members that may be participating in the interview. An example of this would be a contractor taking on more work than what their project team is able to successfully handle.