Tender Moments
Authors
Citation
Building journal Hong Kong China, Jan, 1995, pp. 67, 70, 71
Abstract
Andrew Aglionby, a Senior Associate Solicitor with the Construction Practice Group of Baker and McKenzie, Hong Kong, has a look at the process of awarding contracts and the surprising commitments that can affect parties at an early stage."The process of tendering for construction contracts is an intimidating one… The cost of preparing a detailed tender is a reflection of the considerable commitment of manpower and other resources required to produced a price designed to be profitable yet attractive.""The neat contractural chain works very well for the tenderer who is successful. However, what od those whose tenders are rejected?""Let's be clear that, in general terms, there is no obligation on any employer to accept the lowest or indeed any tender."
Description
Subject
Type
Article
Format
Date
1995
Language
en