One of the key progress reports that Contractors are obliged to submit on weekly basis is the updated procurement schedule which details all materials and equipment that will become permanent components of a project’s scope of work. The procurement schedule needs to be fully aligned with the project’s integrated schedule Read more…
“To bid, or not to bid, that is the question.” A bid/no-bid decision process is a formal, rational process a contractor should undertake in order to determine whether to proceed in preparing a bid and submitting the bid or a no-bid letter in response to an invitation for bids (IFB) Read more…
Substantial Completion refers to a stage of a construction or building project or a designated portion of the project that is sufficiently complete, in accordance with the construction contract documents, so that the owner may use or occupy the building project or designated portion thereof for the intended purpose. The Read more…
