Quote: Saint Simon "Like I said
"Firms will then come back with estimated costs and, with the building industry having being hit hard by the recession, there is the possibility the slump will actually work in the development’s favour if short on work constructors submit more competitive prices in an effort to secure the contract. "
Well so far I have had no response from Langtree.... I might try the club but I am sure they will refer me to Langtree. Sadly the OJEU notice gave no further insight.
However from the quote about 'estimated costs' this would seem to suggest that they are tendering on an incomplete design from a detail perspective as if the detailed design was completed then a fixed/firm price could be obtained. Maybe they are utilising some kind of early contractor involvement and then use the contractors expertise/knowledge to work up final details. This could be on some kind od Agreed/Guaranteed Maximum Price rather than a fixed/firm price that may have been obtained in final detailed designs were complete and a bill of quantities produced.
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