Plumbers NZ is New Zealand's largest online plumbing, gas and drainage resource. Plumbing exam help, plumbing news, directory and free quotes.

Author Topic: QUESTION 5  (Read 2727 times)

0 Members and 1 Guest are viewing this topic.

Offline Plumber

  • Administrator
  • Hero Member
  • *****
  • Posts: 736
  • Karma: +52/-2
  • ***#1 Plumber***
QUESTION 5
« on: January 23, 2010, 04:53:47 PM »
a) List FIVE considerations that may have an impact on a small existing business prior to
tendering for a major contract.

b) Other than charge-up, state THREE contractual terms used to describe the value of a
plumbing and/or gasfitting contract.

Linkback: https://www.plumbers.nz/common-exam-june-2007/38/question-5/359/
Please note that the advice I am giving is only my opinion and not necessarily a fact.  Please refer to our terms and conditions.

Offline Plumber

  • Administrator
  • Hero Member
  • *****
  • Posts: 736
  • Karma: +52/-2
  • ***#1 Plumber***
Re: QUESTION 5
« Reply #1 on: January 30, 2010, 04:03:09 PM »
a) check for "pre qualification" requirements
    Set out a time schedule for the works and see how that impacts on your other work.
    Start training your staff to understand the specific requirements of critical path and quality control.
    Make sure you have the financial resources and the credit-worthiness to stand credit checks - bond - performance and insurance guarantees.
    Price high until you are confident - you may be able to negotiate a lower price, but negotiating a higher price would be an unusual feat. 

b) Quantum Merit (charge up)
    Fixed price contract
    Prime cost contract
    Lump Sum contract



Share via digg Share via facebook Share via linkedin Share via twitter

Similar Topics

  Subject / Started by Replies / Views Last post
xx
Question 15

Started by LisaS

0 Replies
2212 Views
Last post February 11, 2009, 08:59:20 AM
by LisaS
xx
Question 14

Started by LisaS

0 Replies
1875 Views
Last post February 11, 2009, 08:59:42 AM
by LisaS
xx
Question 13

Started by LisaS

0 Replies
1937 Views
Last post February 11, 2009, 09:00:14 AM
by LisaS
xx
Question 12

Started by LisaS

0 Replies
2002 Views
Last post February 11, 2009, 09:01:09 AM
by LisaS
 
Share this topic...
In a forum
(BBCode)
In a site/blog
(HTML)