You’re a young Property Development Company who works with multiple procurement routes when you build. On occasion you use Construction Management and employ subcontractors yourself, other times you employ a Main Contractor.
Regardless of the route you choose, you’d like to improve your understanding of best practices and due diligence when it comes to pre-qualifying contractors.
We put together this scenario to Jason Farnell, Adjudicator and CEDR Accredited Mediator from Commercial Risk Management.
The Pocketbook has tips on how to:
When comparing bids from contractors, we investigate the company’s history and portfolio, particularly on bigger contracts. What is best practice for Pre-Qualification?
Given there is a reduced risk profile on smaller subcontract packages, should we have a different approach?
What are the good and bad signals from a contractor?
Take a pick inside the book
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