Procurement
We believe that most appropriate procurement and contract strategy should be considered prior to start any development. Our teams are well versed on all options from the traditional slower models to the fast-track solutions, where design and construction overlap.
Cost Umbrella provides expert techniques of procurement by using industry recognized methods such as open tendering, selective tendering, request for proposal, two stage tendering, request for quotations and sing-sourcing. We ensure transparent process is implement throughout the procurement process and well documented record is maintained.
Procurement Strategies / Methods:
Cost Umbrella provides expert techniques of procurement by using industry recognized methods such as open tendering, selective tendering, request for proposal, two stage tendering, request for quotations and sing-sourcing. We ensure transparent process is implement throughout the procurement process and well documented record is maintained. CU team collaborate with different stakeholders of project to ensure that procurement is within the budget and comprehensive comparative statements of different quotations are furnished and submitted for PEER review.
Supplier Identification
Supplier identification and evaluation is the process of searching for potential suppliers who will be able to deliver products, materials, or services required by companies. The outcome of this process is to compile a list of potential suppliers. We developed a well-organized supplier database for commercially and technically qualified suppliers/contractors and get competitive and complied rates as per RFP documents.
Bid Management:
We provide complete bid management services starting from bid package till the award of contract. Our expert are well experienced in ensuring the effective documentation to avoid future conflict and dispute between contactor and client. We record and share the complete correspondence in pre and post contract activities between both parties.
RFQ Packages (PR & PO Creation):
We provide self explanatory and presentable templates for purchase orders, purchase requests, and vendor analysis to decision makers. We do not leave any stone unturned and ensure that all the relevant information is incorporated before releasing the work element release.
Vendor Analysis:
Every construction organization demands vendor management to handle complexities associated with vendor sourcing, getting quotes, capabilities, quality works and turnaround times. We produce self explanatory correlation studies between different quotation and highlight the deficiencies and disadvantages of every contractor so the stakeholder can make effective decision before awarding the contract.
