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BID STAGE <br /> Methods of bidding and types of contracts. <br /> You should be aware that there are various methods <br /> of bidding that may be appropriate for the <br /> project, a g. sequential or management contract, <br /> general contract (with or without pre-tendered <br /> y amounts for specialty or other items such as steel <br /> frame, equipment, etc.). Together with the <br /> consultants, the client should consider the type of <br /> contract that beat suits his needs; obtain the <br /> . B best advice for appropriateness and best value for <br /> money, taking location, market conditions and <br /> - availability factors into account. <br /> 4. U What cost control activity takes place at this <br /> stage? <br /> When the working drawings and specifications are <br /> virtually complete, a detailed pre-bid estimate is <br /> prepared. This re-appraisal also takes into <br /> account any last minute changes and actual market <br /> conditions. The distribution of costs can be <br /> • prepared in trade format to provide a means of <br /> direct comparison with the successful bidder's <br /> price breakdown. This activity essentially rounds <br /> The final pre-bid estimate will help' to out the cost control service at this time. Should <br /> prevent surprises at bid opening that there be an over-rum predicted at this point for <br /> could mean major changes to the some reason, the pre-identified cost-reducing <br /> alternatives must be implemented in the bid forms <br /> project prior to contracts being signed. Also, if any <br /> addenda are being issued during the bidding <br /> process, these can be evaluated by the cost <br /> controller and then their cost effects reported to <br /> the client so he can be fully informed of the <br /> complete cost picture prior to bid opening. <br /> • <br /> L7 <br />