The economic aspects of tenders are made up of several factors.
The unit price is integrated with the direct costs corresponding to the concept of work,
Indirect costs comprise the financing cost, the bidder’s profit charge, and additional charges, which will include the materials to be used with their corresponding consumption, costs, and labor, machinery, and construction equipment with their corresponding yields and costs.
Indirect costs correspond to the general expenses necessary for the execution of the work, not including labor and social benefits corresponding to the management and administrative staff.
For the determination of indirect costs;
The cost corresponding to the work, supplies of goods and services specified in the tender must be considered.
- Advance Payment Bonds,
- Construction Bonds,
- Construction Bonds
- Guarantees without a guarantor
Economic Aspects of Tenders
Indirect costs will be expressed as a percentage of the direct cost of each work item.
The profit charge is the gain that the bidder receives for the execution of the work concept;
It will be set by the bidder and will be represented by a percentage of the sum of direct, indirect and financing costs.
The income tax will be considered when calculating the profit charge;
and the participation of workers in the profits of the companies in charge of the bidder.
Another economic aspect of the tenders is that the bidder must present all the unit price analyses of the items contained in the catalog, which must be recorded in numbers and words, and in accordance with the unit price format.
Economic aspects of tenders
Cost optimization and process reengineering have given the contestants a new responsibility,
a more relevant role in the decision-making of the financial department, therefore financial projection is very important in each of its areas.
Within the economic aspects of the tenders, the area responsible for carrying out the contracting of public works and related services must evaluate the economic proposals, specifically those that are technically sound.
For this purpose, through the technical area responsible for carrying out the evaluation of the technical proposals.
It will verify that the award is made from among those proposals that are technically and economically sound, are within the acceptable and/or convenient price range, and do not exceed the authorized budget of each project.
Bonds and Bidding.
In orders and contracts, the signature of the Legal Representative with power to perform administrative acts on behalf of the awarded contractor must be verified.
The area responsible for the preparation and formalization of orders and contracts, as well as any amendments requested by the technical areas.
The timeframes for preparing the contracts will be subject to a maximum period of 15 calendar days, once the ruling or approval of the respective committee has been issued, as well as for preparing the order once the market research has been carried out, the evaluation of the technical and economic proposals by the responsible area, prior authorization of the respective contracting procedure.
Bond Processing
If your company requires a performance bond and is experiencing bonding issues, lack of collateral, or credit bureau debt problems, our expertise in resolving bond issues can assist your business. Within these areas of specialization, we can assist with the processing of advance payment bonds, performance bonds, and workers’ compensation bonds, as well as with contracts or new lines of business, such as guaranteeing advance payment bonds with products like steel, machinery, or textiles. Consult us; we have bonding alternatives.
If you require an advance payment bond or performance bond, without a guarantor, or with real estate guarantees, you will need to contact us to give you the best advice and information on the process of obtaining a bond without a guarantor, in any public works contract and construction contract.
Contact us 55 20 99 04 69
BONDS
Specialized service, experience in construction and public works bonds.
We are your support in the categories of Surety Bonds, for national and international surety bond needs.
Call us at 55 2099 0469. We answer questions about bonding needs. Visit our website.
Send us an email to fianzasyavales@gmail.com and we will send you clear answers and alternatives regarding your contract.
We analyze your company’s alternatives, create and collaborate to ensure your surety bond process is a success.
Email bailiasyavales@gmail.com
www.fianzasyavales.com
Learn about surety and insurance companies in Mexico.
Aserta , Insurgentes, Chubb, Aon, Sofimex , CBL Fiducia, Dorama, ACE Fianzas Monterrey, Liberty Fianzas , Berkley México, Chubb Fianzas Monterrey, Chubb Fianzas, Mapfre, Tokyo Marine