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Bid solicitation is the process of making published construction data readily available to interested parties, including construction managers, contractors, and the public. There are several services, including government entities and private plan rooms, that allow project owners to release project details to solicit and obtain contractor bids.
The latest officially released version of MasterFormat is the 2018 Edition, which uses the following Divisions: PROCUREMENT AND CONTRACTING REQUIREMENTS GROUP:
Engineering, procurement, and construction (EPC) contracts (a type of turnkey contract) are a form of contract used to undertake construction works by the private sector on large-scale and complex infrastructure projects. [1] They may follow a Front-End Engineering and Design (FEED) contract.
Data requirements can also be identified in the contract via special contract clauses (e.g., DFARS), which define special data provisions such as rights in data, warranty, etc. SOW guidance of MIL-HDBK-245D describes the desired relationship: "Work requirements should be specified in the SOW, and all data requirements for delivery, format, and ...
The 16 Divisions of construction, as defined by the Construction Specifications Institute (CSI)'s MasterFormat, is the most widely used standard for organizing specifications and other written information for commercial and institutional building projects in the U.S. and Canada.
B2W Software (formerly known as Bid2Win Software) [2] is based in Portsmouth, New Hampshire, and develops specialized software for heavy construction contractors to manage construction estimating and bidding, field tracking and analysis, equipment maintenance, resource scheduling and dispatching and eForms and reporting.
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These calculations formulate a Basis of Estimate which is, when completed, a number that can be used to determine the ability of the firm or company to carry out the project, or used as a tool in competing for a contract bid or otherwise proposing the project to another.