POLICY: Bid Analysis Worksheet
PURPOSE: To analyze various bid combinations, check scopes, and establish the order of low, complete bids.
RESPONSIBILITY: Estimator in Charge
A. Bid Analysis Worksheets (O.EST.-110) will be generated by the Bid Team as assigned in the Estimating Start Up Meeting (O.EST.-10).
B. The person assigned to the individual specification section at the start up meeting will “set up” the sheets indicating the following:
- Description of items should be included in bid, i.e., hoisting, clean-up, temporary power, general contractor trailer services, taxes, schedule, etc.
- All applicable information regarding the company, i.e., address, phone, etc.
C. When bids are received, the written quote will be used to determine the scope and completeness of the bid by answering the questions established on the Bid Analysis Worksheet.
D. If the written quote is not detailed enough or if it has not been received, the responsible person will telephone the bidder and ask the appropriate questions. A Telephone Bid Form (O.EST.-80-A) will be used to document the conversation. Any revision of a sub/vendor’s price is to be confirmed, by them, in writing.
E. The Project Manager should be able to review the Bid Analysis Worksheets and determine the order of the bidders.