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  2. General contractor - Wikipedia

    en.wikipedia.org/wiki/General_contractor

    A general contractor is a construction manager employed by a client, usually upon the advice of the project's architect or engineer. [7] General Contractors are mainly responsible for the overall coordination of a project and may also act as building designer and construction foreman (a tradesman in charge of a crew).

  3. Construction bidding - Wikipedia

    en.wikipedia.org/wiki/Construction_bidding

    Depending upon the language in the bid proposal, a subcontracting construction company could make its bid final, and, if accepted, a legally enforceable contract is created. In these circumstances, upon determination by the general contractor that a bid is the lowest offer, it can accept the bid and, upon acceptance, a subcontractor cannot ...

  4. Design–bid–build - Wikipedia

    en.wikipedia.org/wiki/Design–bid–build

    Design–bid–build (or design/bid/build, and abbreviated D–B–B or D/B/B accordingly), also known as Design–tender (or "design/tender"), traditional method, or hardbid, is a project delivery method in which the agency or owner contracts with separate entities for the design and construction of a project. Design–bid–build is the ...

  5. Bid and proposal - Wikipedia

    en.wikipedia.org/wiki/Bid_and_proposal

    Often in official use of these two terms, a "bid" supposes the limits or scope of work is similar, and usually the lowest bid is awarded work, especially in government contracts. Proposals mean the entity is fully aware of the details and that the scope of work may vary, and the work is awarded to the best "plan" rather than simply the lowest ...

  6. Construction management - Wikipedia

    en.wikipedia.org/wiki/Construction_management

    A bid is given to the owner by construction managers that are willing to complete their construction project. A bid tells the owner how much money they should expect to pay the construction management company in order for them to complete the project. [4] Open bid: An open bid is used for public projects. Any and all contractors are allowed to ...

  7. Request for proposal - Wikipedia

    en.wikipedia.org/wiki/Request_for_proposal

    A request for proposal (RFP) is a form of reverse auction that solicits a business proposal by an organisation interested in the procurement of a service or product from potential suppliers. [1] It is usually part of a complex sales process, and made through a bidding process. [citation needed]

  8. Pre-construction services - Wikipedia

    en.wikipedia.org/wiki/Pre-construction_services

    The construction documents will also play a major role in estimating. [3] Pre-construction services grew out of construction cost estimating to encompass the other activities in planning a project. [4] The intent is to work with the project's owner to help deliver a satisfactory project that meets the owner's objectives.

  9. Invitation to tender - Wikipedia

    en.wikipedia.org/wiki/Invitation_to_tender

    A tender announcement from the Indonesian Ministry of Finance. An invitation to tender (ITT, also known as a call for bids [1] or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been ...

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