In continuation to a previous blog post of the various forms of tendering used by developers to award the right consultant or contractors, it’s important to note that the tendering process does not stop here and that there are other stages in the tendering cycle. Once the vendor management stage has begun, the next stage in the process is the invitation management stage.
Topics: tendering- eTendering- construction tendering
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Under the 2035 Kuwait strategic plan, the development of five islands namely Boubyan, Warbah, Failaka, Maskan and Oaha with an investment value of $160 billion is expected to double up tourist and recreational areas, in turn requiring investments in commercial, residential and hospitality complexes as well as infrastructure.
Topics: General- Industry Reports- construction
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The process of partner search, vendor registrations, and vendor qualifications form the first steps of the tendering process and is commonly known as vendor management. Given that the length of a project in construction can span anywhere from several months to years, it is crucial for developers to have a strong and effective vendor management process in place.
Topics: tendering- eTendering- construction tendering
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ProTenders CEO and Co-founder, Karim Helal spoke to Dubai Eye's Malcolm Taylor on the region's leading business radio show - The Business Breakfast. In the segment, Karim shared what ProTenders innovative tendering platform is all about, as well as, offered some insights on the region's construction industry.
Topics: Media Coverage- construction tendering
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A tender is the process of submitting a proposal to undertake works of a project. In construction, tendering for a project would imply submissions or bids by prospective contractors to construct a project. However, the actual method of tendering may differ from owner to owner, developer to developer or project to project depending on the project requirements and expertise necessary to complete it.
Topics: tendering- eTendering- construction tendering
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The Leadership team at Whitespace Architects, a leading consultant in the UAE discuss how ProTenders supports their business development and sales activities.
Topics: Customer Stories
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The construction industry significantly relies on beneficial relationships based on trust, cost efficiency and productivity for each party. Most of these factors are evident in the relationship between the developers, consultants, contractors, subcontractors, suppliers and manufacturers.
Topics: General- Opinion- construction
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Technology has transformed the vast majority of industries, with some embracing changes faster than others. According to a McKinsey report, construction — an industry worth $10 trillion — remains a glaring exception. Despite accounting for 13 percent of global GDP, construction is still one of the least digitized sectors in the world.
Topics: General- Opinion- construction
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The construction industry is constantly evolving. Ever so often new trends make its way through the industry, from tech advancements such as building constructionTech platforms that have a stronger focus to increase efficiency and productivity.
Topics: General- Opinion- construction
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ProTenders, the construction intelligence and procurement platform, today announced that it has successfully completed a Pre-Series A funding by a prominent group of UAE-based investors.
Topics: General- construction- announcement- press
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