Practical Contract Management - Fortnightly Chapter downloads
DPSS are making a new chapter of Practical Contract Management available for download on a fortnightly basis.
A snippet from Chapter 4 - Tendering Methodology
One of the most important aspects of contract management is the initial selection of an appropriate contractor to perform the contract. There are two frequently used methods for achieving this which we will examine in this chapter. These are:
Open and Closed Tendering - a formal process whereby contractors are invited from the market place (open) or from a list of re qualified and approved providers (closed) to submit firm and unequivocal offers
Many contracts officers use 'open tendering' as a means of selecting the 'right' contractor for any type of contract but when the 'contract' is a major, possibly lengthy, contract, there are some powerful arguments against that process. We will examine some of the considerations around this argument.
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The next chapter, titled "Types of Contract" will be available for download on 7th April 2014.