Engineering projects Bidding & estimating

Description:

The purpose of the course is to introduce a systematic approach for bid pricing (tendering) based on the contractor’s costs historical data, contract financial conditions, project scheduling and cash flow.

Site experience in costs and cost centers is required Knowledge of Scheduling is essential

Objectives:

There are 4 parts of the course

 

BIDDING (6hrs)

  • Project concept and need
  • Preliminary and detailed design
  • Notice to bidders (Tenderers)
  • The bid package (The tender documents)
  • Decision to bid (Tender submission)
  • Bid bonds (insurance certificates)

 

ESTIMATING (6hrs)

  • Magnitude estimate
  • Conceptual estimate
  • Preliminary estimate
  • Definitive estimate
  • Engineer’s estimate
  • Bid estimate

 

COST DETERMINATION (15hrs)

  • Overhead costs
  • Labor Costs
  • Machines Costs
  • Material Costs
  • Scheduling / Cash Flow Costs
  • Bidding Cost

 

BID PRICING (3hrs)

Course Length:
30 hours
Course Title Instructor Name Start Date End Date
Engineering projects Bidding & estimating 13 Feb 2017 3 Mar 2017
Engineering projects Bidding & estimating 13 Feb 2017 3 Mar 2017
Engineering projects Bidding & estimating 13 Feb 2017 3 Mar 2017
Engineering projects Bidding & estimating 13 Feb 2017 3 Mar 2017
Engineering projects Bidding & estimating 13 Feb 2017 3 Mar 2017
Engineering projects Bidding & estimating 13 Feb 2017 3 Mar 2017
Engineering projects Bidding & estimating 13 Feb 2017 3 Mar 2017
Engineering projects Bidding & estimating 13 Feb 2017 3 Mar 2017
Engineering projects Bidding & estimating 13 Feb 2017 3 Mar 2017

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