PPEI’s Value Proposition:
Unit Rates or Lump Sum Bidding:
Bidding for Reimbursable Contracts:
Status Quo:
Conventional bidding process:
Never enough time for bidding; estimating on critical path
Estimating gets squeezed for time and sometimes analysis is compromised
Bidding lump sum or fixed unit rates with inadequate analysis due to time crunch may lead to risk exposure
Shortage of time leads to lack of detail in estimate and consequent poor baseline
Repeated poor baseline lends credence to ignoring baseline
Lost opportunities in smart bidding and setting sharp control base:
Lack of good estimating and sharp control budget may mean higher cost and reduced margins
Poor prediction of site man-hours may lead to unrealistic schedules and thus Cost overruns/loss
Cost overruns invariably result in attempts in claims which sometimes could sour relationships