In a market which is becoming ever more competitive and globalized, EPC contractors need to provide their technical and economic proposals as quickly as possible, whilst at the same time reducing their mark-up and contingency budgets. Budgets established during the bidding phase must be accurate in order to ensure the expected profits during the project phase.
Trillini Engineering can guarantee accurate implementation costs by providing engineering support throughout the budgeting phase. Trillini Engineering bidding assistance can include:
- Site Survey and Technical meetings
- Technical proposal preparation
- Cost evaluation
- Project planning
Trillini Engineering can approach cost evaluation issues with different methods according to the time available and appropriate to the stage of the bidding process. A parametric approach based on previous projects is usually applied in the early bidding phase thus avoiding the involvement of sub-vendors and reducing bid preparation time. During the advanced bidding phase vendors are involved to quote main items and detailed Request for Quotations are submitted to them in order to obtain quotations in line with project specifications.
This type of approach to tendering means that Trillini Engineering is able to provide accurate budgeting information quickly thus reducing the risk of unexpected costs and maintaining profit margins during the project.
