Contractor Selection and Bidding

A RIGOROUS PROCESS WITH FULL GUARANTEES ON CONSTRUCTION COSTS AND TIMELINES

 

Construction tendering is a phase we integrate into the project stages as an exclusive service for our private clients. It is designed for those seeking to develop either single-family or multi-family projects with full guarantees of fixed pricing and construction schedules.

For a construction tender to be successful, it is essential to have established a realistic investment limit supported by a feasibility study conducted during the early stages of the project.

Based on these premises, we propose a project that not only meets all the client’s requirements but also adheres to strict standards of efficiency, sustainability, and health.

This is a project developed over several months at the studio, working as a team with the client or developer. It is carefully defined to maximize the project’s potential, always within a budget limit that allows us to make informed decisions.

In this way, we reach the tendering phase with a project whose construction costs we know will be budgeted within our client’s investment limit.

PREPARATION OF THE BILL OF QUANTITIES

 

The bill of quantities is an exhaustive document that includes every single item involved in the construction process.

Major chapters are established for each phase of the work—excavation, foundations and earth retention, structural systems, installations, and finishes. Each chapter is detailed down to the smallest item to ensure that absolutely everything is accounted for in the construction budget.

This document serves as the basis for each of the contractors selected for the tender to provide a precise estimate of total construction costs without any deviations.

 

COMPARISON BETWEEN THREE CONTRACTORS

 

The bill of quantities is delivered to three different contractors. These may be selected by our studio based on previous experience with completed projects, or proposed by the client based on personal preference or prior experience.

The objective is to have a comparison of three teams, allowing us to evaluate the different offers and negotiate the best way to carry out the construction, ensuring maximum quality at the best market price.

This process can last between one and two months and is a collaborative effort between the developer and our studio. Together, we decide which is the best construction team to carry out the work.

The fact that our studio is financially independent from the construction process allows us to always work on behalf of the developer, selecting the construction team based on objective criteria.

It is important to consider that in construction projects involving high investments, prior trust and a good relationship with the construction team are the primary requirements in a tender.

At Slow Studio, we are fully aware of the responsibility we hold in ensuring a successful tender by selecting a solvent, rigorous team with whom communication is seamless.

CONSTRUCTION TENDER AND CONTRACT SIGNING

 

After completing the process of comparing, reviewing, and negotiating the contractors’ financial proposals, the team responsible for the project’s construction is selected.

The construction team is always an independent entity from the project design team. A contract is signed with them featuring a fixed tender price and a defined delivery schedule.