What is the principal purpose of contractor prequalification before tendering?
Correct answer: A. To assess capability, experience, and financial capacity
- A. To assess capability, experience, and financial capacity
- B. To determine the final quantity of concrete
- C. To replace the need for drawings and specifications
- D. To calculate the contractor's final account
Explanation
Prequalification screens firms for relevant experience, technical resources, financial strength, and past performance. It helps restrict tendering to contractors capable of undertaking the proposed work.
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About Construction Management and Estimation
Construction management covers planning, scheduling, resource control, contracts, procurement, site organisation, safety, quality assurance and project documentation. Estimation includes quantity take-off, rate analysis, bill preparation, valuation and cost control, with attention to the difference between direct and indirect costs and between an estimate, a tender and a final account.
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