Seminar On " PIPING COSTING " (PDF)

BUSINESS PERFORMANCE PARAMETERS 
1) Minimum Cost
2) Quality
3) On time Delivery
4) Profits – Return On Investment ( ROI )
5) Meeting Customer Expectation & Satisfaction
6) Competitive Advantage
7) Information ( All Right Factors )
8) Benchmarking – Adherence World Standards

PARTIES INVOLVED IN PROJECT
1) Owner (Client)
2) Shareholders
3) Financer
4) Licensor
5) Government (Statutory)
6) EPC Contractor (Equipment Vendor)
7) Various Contractors
8) Consultants
9) Detailed Design & Engineering etc..

ROCEDURE FOR TENDERING
1) Advertisement @ Intention
2) Submission of PQs
3) Evaluation of PQs
4) Issue of Tender to Pre-qualified Bidders (Techno-Com)
5) Submission of Technical Bids
6) Evaluation of Technical Bids
7) Submission of Commercial Bids
8) Evaluation of Commercial Bids
9) Finalization of Contractor & Issue of LOI
10) Contract Agreement

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