Introduction to Contract Management - Pakistan Engineering Council

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BID SECURITY • Amount of security shall be in form of Cash Deposit, Certified Cheque, Bank Draft, Letter of Credit, Guarantee from a Scheduled Bank in Pakistan or Foreign Bank Acceptable to the Client. • If Bid is not accompanied by an acceptable Bid bond (1-3% of Estimated Cost, whereas 3% for smaller Contracts). It will be rejected being non-responsive and having major deviation. 26
C-2 BID EVALUATION C-2.1 AT BID OPENING – IS BID SECURITY ACCOMPANIED WITH THE BID? – IS BID SIGNED, STAMPED & ACCOMPANIED BY? • POWER OF ATTORNEY • JOINT VENTURE AGREEMENT 27
Page 1 and 2: IN THE NAME OF ALLAH, THE BENEFICEN
Page 3 and 4: INTRODUCTION A contract is a forma
Page 5 and 6: NAME GIVEN TO A CONTRACT The name
Page 7 and 8: NAME GIVEN TO A CONTRACT Sometimes
Page 9 and 10: NAME GIVEN TO A CONTRACT Sometimes
Page 11 and 12: ELEMENTS OF A CONTRACT In order to
Page 13 and 14: ELEMENTS OF A CONTRACT (Contd.) 4.
Page 15 and 16: CONTRACT AGREEMENT A construction
Page 17 and 18: STAGES OF CONTRACT MANAGEMENT A. PR
Page 19 and 20: STAGES OF CONTRACT MANAGEMENT (Cont
Page 21 and 22: Stages of Contract Management (Cont
Page 23 and 24: C-1. Why Bidding? Bidding provides
Page 25: Bidding Process (Contd.) • Bid Bo
Page 29 and 30: BID EVALUATION (Contd.) GENERAL CO
Page 31 and 32: Legal & Contractual Evaluation - Ev
Page 33 and 34: Technical Evaluation • Program of
Page 35 and 36: D CONTRACT ADMINISTRATION • Award
Page 37 and 38: NOTIFICATION OF AWARD AND SIGNING O
Page 39 and 40: CONTRACTUAL PROVISIONS ENFORCEMENT
Page 41 and 42: TYPES OF PROCUREMENT 1. FOR CIVIL E
Page 43 and 44: TYPES OF PROCUREMENT(Contd.) 2 FOR
Page 45 and 46: Use of PEC’s Bidding Documents St
Page 47 and 48: PEC Bidding Documents • Standard

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