![]() The process also means clients are unable to benefit from early contractor engagement. ![]() The added pressure may mean contractors look for ways to cut costs, possibly at the expense of quality. However, if elements from the project specification are missing or are unclear, it can lead to adjustments being made later in the contract, and the final account may be very different as unforeseen costs mount up. It can be an efficient route to obtaining a contractor. The process seeks to ensure that the client is able to secure a competitive price and to this end, the contractor may decide to price aggressively in order to secure the project. Single-stage tendering, also known as traditional tendering, is when a client issues a tender for the whole project, with all the relevant information provided at the point of issue. In essence, there are two main procurement routes single stage and two stage tendering. ![]() However, recent figures within the sector have given some to question the sustainability of such rates, and whether the method of procurement has been a contributor. I should start by saying that profit shouldn't be a dirty word in the construction industry - after all, businesses need cashflow to survive and to ensure that they remain engaged with their supply chain. ![]() In difficult times, it is easy to understand why construction contractors may cut prices to win work. ![]()
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