PRE AWARD SERVICES
Pre-Award Phase is the beginning of the lifecycle of a project and it consists of broadcasting challenges which includes tender preparation, estimation, evaluation of tender, application review plan. During this phase, it is also important to identify the need for the contract and reasons behind the decision. Our major pre-award services are inclusive of but not limited to:
Tendering
Tender means a sum of money, time and other conditions required by a tenderer to complete the specific construction work and the remedying of any defects therein in accordance with the provision of the Contract. Tendering especially for big and complex projects can be a very costly exercise equally for Employer and Tenderers, but this would be money well spent if the targets achieve successfully. KEC creates a tender with clear representation of tenderer’s requirement in the form of tender keeping simple and easy to execute terms. We deal in all types of tenders like open tenders, limited tenders, Expression of Interest, Invited Tenders.
| o Open Tende | o Limited Tenders |
| o Expression of Interest | o Invited Tenders |
Contract Formulation and Development
A written contract is usually produced during a sensitive business venture between parties entering into a business agreement. The main purpose of this formal written agreement is to give each concerned party the chance to read and have a clearer understanding of the terms or conditions, including the personal expectations of each party and what they have come to terms after a thorough discussion. Also Contracts provide individuals and businesses with a legal document stating the expectations of both parties and how negative situations will be solved. Contracts also are legally enforceable in a court of law. Contracts often represent a tool that companies use to safeguard their resources. Our experts have developed wide variety of customized form contracts, including contracts for design professional services, design-build, and fixed-price construction that includes but are not limited to
| o Identify Commercial / Contractual Risks | o Identify Key Contractual Requirements |
| o Formulate Final Contract Scope | o Contractual Obligation in Execution |
| o Contract Management | o Progress & Payment Management |
| o Change & Claim Management | o Guarantee & warrantee and Contract Close Out |
| o Open Tender | o Limited Tenders |
| o Expression of Interest | o Invited Tenders |
Estimation
It is not only the process to establish the cost of construction but also a budge to control costs during construction execution and also provides for many assessments and judgments that will be made during the construction stage. There will be no value of Contract documents and all the effort of Estimator and Estimation process, if these will not be used in effective and efficient way of contract execution. Our experts have experience of but not limited to
| o Order of Magnitude Estimate | o Budget Estimate |
| o Definitive Estimate | o Feasibility Estimate |
Contract Formulation and Development
A written contract is usually produced during a sensitive business venture between parties entering into a business agreement. The main purpose of this formal written agreement is to give each concerned party the chance to read and have a clearer understanding of the terms or conditions, including the personal expectations of each party and what they have come to terms after a thorough discussion. Also Contracts provide individuals and businesses with a legal document stating the expectations of both parties and how negative situations will be solved. Contracts also are legally enforceable in a court of law. Contracts often represent a tool that companies use to safeguard their resources. Our experts have developed wide variety of customized form contracts, including contracts for design professional services, design-build, and fixed-price construction that includes but are not limited to
| o Identify Commercial / Contractual Risks | o Identify Key Contractual Requirements |
| o Formulate Final Contract Scope | o Contractual Obligation in Execution |
| o Contract Management | o Progress & Payment Management |
| o Change & Claim Management | o Guarantee & warrantee and Contract Close Out |
| o Open Tender | o Limited Tenders |
| o Expression of Interest | o Invited Tenders |