Tender/Pricing Documentation
The design-bid-build method is the most common form
of construction tendering/construction pricing used today. This
involves the preparation of construction drawings. In most cases,
these are then released by you to a select group of general contractors/builders,
who will then place a bid on the project which reflects what they
believe cost of construction will total. This bid is inclusive of
a multitude of subcontractor bids for each specific trade. The general
contractors fee is generally built into the bid cost. |