I suggest,in addition to what have been posted, you visit their similar projects (completed & in-progress) and talk to their client. From that you have the feeling who the contractor is.
In one of my previous firms, we use to evaluate our contractors on the basis of grade points. We have developed a questionnaire of 20 questions related with our projects and we used to scale them between 1 to 4 points.
Then depending upon the weigtage, we use to multiply the imporant questions like experience, available resources, client list, etc. with 3 0r 4 and for the least important questions multiply by 1.
Thats a 100 mark gradation system.
Thats how all the above points like financial stability, experience, resources and other points were considered.
Thanx
Raviraj
Member for
24 years 4 months
Member for24 years5 months
Submitted by Andrew Pearce on Mon, 2007-05-21 04:36
I was facing also a small problem, which is after setting all the criteria items including your valuable suggestions, How to weigh such items, I mean, I believe there should some marks depending on how important this item is, like for example 15% for carrying out similar projects, 10% for possession of equipments, and so on.
How to evaluate each of those items, s there any standards for such evaluation?
Thanks
Member for
19 years 7 months
Member for19 years7 months
Submitted by Karim Mounir on Mon, 2007-05-21 03:15
Some documents which u can ask from the contractors in addition to your list in the tender can be as follows:
1- Financial Situation: the contractor should list his total assets and liabilities for previous years.
2- Summary of current contract commitments: the contractor should list the value of the outstanding works in addition to the forecast completion dates.
3- Construction Experience: the contractor should list the name s and total values of his previous construction experience.
Member for
18 years 6 monthsRE: How to Check the Contractor Stability
Sam,
I suggest,in addition to what have been posted, you visit their similar projects (completed & in-progress) and talk to their client. From that you have the feeling who the contractor is.
Hernan
Member for
18 years 5 monthsRE: How to Check the Contractor Stability
In one of my previous firms, we use to evaluate our contractors on the basis of grade points. We have developed a questionnaire of 20 questions related with our projects and we used to scale them between 1 to 4 points.
Then depending upon the weigtage, we use to multiply the imporant questions like experience, available resources, client list, etc. with 3 0r 4 and for the least important questions multiply by 1.
Thats a 100 mark gradation system.
Thats how all the above points like financial stability, experience, resources and other points were considered.
Thanx
Raviraj
Member for
24 years 4 monthsRE: How to Check the Contractor Stability
I think I would ask why you were asked to do this in the first place!
You are supposed to be a Planner not a procurement expert, assist in the process yes, but not lead it!
Member for
19 years 7 monthsRE: How to Check the Contractor Stability
Hi Samuel,
As far as i know there is no standard for this evaluation, each employer has his own standards.
U can make a comparison sheet that u can submit to the management in order to aid them deciding.
Member for
18 years 5 monthsRE: How to Check the Contractor Stability
Thanks karim,
I was facing also a small problem, which is after setting all the criteria items including your valuable suggestions, How to weigh such items, I mean, I believe there should some marks depending on how important this item is, like for example 15% for carrying out similar projects, 10% for possession of equipments, and so on.
How to evaluate each of those items, s there any standards for such evaluation?
Thanks
Member for
19 years 7 monthsRE: How to Check the Contractor Stability
Some documents which u can ask from the contractors in addition to your list in the tender can be as follows:
1- Financial Situation: the contractor should list his total assets and liabilities for previous years.
2- Summary of current contract commitments: the contractor should list the value of the outstanding works in addition to the forecast completion dates.
3- Construction Experience: the contractor should list the name s and total values of his previous construction experience.
HTH
Regards,
Karim