interviewing contractors

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THE INTERVIEW Hiring Private Contractors

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Post on 19-Jul-2015

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Engineering


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TRANSCRIPT

THE INTERVIEWHiring Private Contractors

Basic Factors to be Explained and Discussed by

the Contractor during the Interview:

• Financial Stability

• Managerial Capability

• Organizational Structure

• Technical Expertise

• Previous records of comparable construction

1. Financial Stability

• Check suitability of contractor’s financial capability to meet

obligations required by the work

• Check the contractor’s net assets, earnings and several financial

ratios including debt to equity, current ratio

• Assess contractor’s ability to carry construction losses

2. Managerial Capability

• Asses their project management structure, human resources and quality management

• Asses if a contractor has a sound relationship with other contractors/sub-contractors and employees

• Research the contractor’s background on managerial capability from past projects

• Check contractor’s industrial relations, occupational health and safety, and claims and dispute history

3. Organizational Structure

• Assure the adequacy of contractor’s plant and equipment to do

the work properly and expeditionary

• Background check on the project/site engineers and officers

working for the contractor

4. Technical Expertise

• Assess the contractor’s proposed construction methods for the

project

• Assess contractor’s technical skills based on completed projects

• Assess contractor’s commitment of labour and plant resources,

• Assess the ability to handle the type, quality, size of work, and the

ability to perform on site

5. Previous Records of Comparable

Construction

• Assess the methodologies used by the contractor on

previous/past projects

• Know the fields of constructions the contractor already handled

Check and Grading Table for Project Execution

Some Types of Independent Contractor Firms

and their Managed Sectors

• Technical and Consultancy Firm– Direct works, Civil Engineering

• Architectural Firm – Building Engineering, Interior and Finishing Works

• Quantity Surveying Firm – Project Cost Estimation

• Landscape Division – Land Features Modification

• Health and Safety Firm – Health, Safety and First Aid Services

End.

Thanks for listening!