The construction industry has its fair share of seasonality and this year is no different. With June officially heralding summer, below is a survival guide on how to avoid the summer slump in business and instead “make hay while the sun shines!”.
The construction industry has its fair share of seasonality and this year is no different. With June officially heralding summer, below is a survival guide on how to avoid the summer slump in business and instead “make hay while the sun shines!”.
Topics: construction- tendering- eTendering- construction tendering- insights- intelligence- constructiontech
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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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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
Read MoreA 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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