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Tender evaluation is always carried out in a comprehensive, equitable, auditable and transparent manner. To ensure fairness the evaluation criteria and method will be cle ... See More
Even with contracted prices therye are still many uncontrollable variables which affect cost,in my case it has been shipping rates fluctuation,exchange rate fluctuation,s ... See More
There can be an array of factors that lead to contract price increase (provided the tender allows you to increase it), to list a few a. Escalation - Material, Equipment, ... See More
Tender management is an important factor in contracts negotiations. Companies have to conduct vendor selection process about what steps should be taken and which vendors ... See More
Devaluation of money or inflation.
Esclation is one way to compare the prices, if there are possiblities of contract delays or contract awarded may be late, there are possibilities of esclation.
Because increase in market price specialy steel price up & down the material specification change scope of work increase structural & design criterial different ... See More