Land Development Playbook

KEY TAKEAWAYS

Q & A

A What process is an essential component of all projects and is critical to ensuring Century is receiving a high-quality work product?

A The competitive bid process is an essential component of all projects and is critical to ensuring Century is receiving a high-quality work product, delivered on time and for the lowest possible cost. A The division must generate and include bid sheets within the bid documents. All bids must be returned and received in the same format for clear, accurate, and apples-to-apples bid comparisons. A Invitation to Bid (ITB) will be sent to at least 3 different qualified bidders for every scope of work (5 preferred when available). A Any exceptions to bidding policy must be approved by NLD and documented within the AMC closing/LD Start memo(s). A An important and often overlooked aspect of the bid spread process is comparison to budget and challenging bidders on their quantities and unit prices. A Contracts are awarded to the most competitive bid considering unit costs, quantities, duration of tasks, and scope of work completeness. A The use of contractors’ proposals and/or bid inclusions and exclusions is not considered a contract scope of work and shall not be placed within a contract.

A How many qualified bidders will receive an Invitation to Bid (ITB)?

A What process is an important and often overlooked aspect of the bid spread process?

35 | Bidding and Contracting | LAND DEVELOPMENT PLAYBOOK

LAND DEVELOPMENT PLAYBOOK | Bidding and Contracting | 36