B. Review the following items; i. Site logistics/phasing. ii. Schedule. iii.
General conditions/general requirements.
iv. Bid bonds/payment & performance bonds, letters from sureties etc. v. Insurance coverage’s required by the contract compared to what we have as a company. vi. Builders risk vii. Bid forms signed, sealed, etc. viii. Owner contract – comments
6. Scope Review
A. All scopes of work will be reviewed in detail to insure the following; i. No scope holes. ii. No double up’s. iii.
Assigning work to the lowest cost subcontractor in the event the work can be performed by more than one sub trade. iv. Project is being priced per the established schedule. v. Work is being priced according to the site logistics plan. vi. Work has been priced per the bid strategy previously established. vii. Identify areas we have manipulated the market and accurately identify the cost on the scope sheets for adjustment on bid day. viii. Review the subcontractor coverage. ix. Identify those subs you are working closely with. x. Discuss possible RFI questions to level the playing field or to create advantages for LCI.
7. Scopes Out to Subcontractors
A. Send out scope of work to subcontractors.
8. RFI Cut Off Date
A. Show the RFI cutoff date per the contract requirements.
9. Budget Review
A. All spy calls should be made prior to this date. B. Call all general contractors bidding the project to determine who is still bidding. C. Review in detail all of our in house budgets for each subtrade line item. D. Analyze our budget numbers against actual bids we may have received early. E. Add the general conditions/general requirements to bid day. F. Set the bond rate, general liability, fee, contingency, escalation etc. line items at the bottom of bid day. G. Create an MBE/WBE/DBE matrix to determine the lowest possible cost combinations. H. Close out the bid. I. Review the strategies we established early on and determine if they held up and/or if new ones were identified.
10. Bids Due by Subcontractors
A. Establish when we want to receive the subcontract proposals.
11. Proposal Due to Owner
A. Identify the day and time our bid is due to the owner.
12. Regularly Schedule Team Meetings
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