Section III is intended to assist the Employer in providing the specific information in relation to procurement, Instructions to Bidders, and must be prepared for each specific procurement.
The Employer should provide in the Bidding Data information and requirements specific to the circumstances of the Employer, the processing of the procurement, the applicable rules regarding Bid Price and currency, and the bid evaluation criteria that will apply to the bids. In preparing Section III, the following aspects should be checked:
(a) Information that specifies and complements the provisions of Section III must be incorporated.
(b) Amendments and/or supplements, if any, to the provisions of Section III, necessitated by the circumstances of the specific procurement, can be introduced only in Section III. This involves bidding data and how to prepare such bids.
Section III has numerous rules and regulations and some can be confusing. So it is with the procurement process. This webinar by expert speaker Paul Flogstad will give you a "roadmap" through the regulations so you will not make mistakes and all concerned will benefit. He will provide an overview of Section III basics to lay the groundwork for the procurement part of Section III.
You will also learn about contracts, bid preferences, performance bonds, and understand how to handle disputes.
Who Should Attend
Paul has been involved in the real estate industry for the past 38 years. He has been involved in sales, construction, project management, appraisal, property management and property management consulting/training. Through his consulting company, Property Management Solutions, he provides training and consulting servi... More info