REMODELING CONTRACTORS-CONSTRUCTION COMPANY-Part N° 3

# STUDY OF OFFERS-Part N° 3


Dear Readers
The contents of this publication has been prepared by Engineers of long experience in implementing Remodelings-Industrial Construction- Construction of Buildings
We appreciate any comments ,that help improve this blog

# PREPARATION OF A PRELIMINARY PLAN FOR INDUSTRIAL WORKS - COST FINANCIAL SERVICES AND OF INSURANCE

Knowing the amount of time consumed and the sequence of each task is relatively simple for someone with experience, make a plan work in a fast, this plan will be very useful for a good evaluation of tenders. This plan will allow us to

1 The assess of what would be a Budget of Expenditures, against a Budget of Revenues, that we obtain from contractual payment terms of the construction and estimate production
In this way we will know something about the initial capital and the capital that we need at regulars intervals of time during construction, this will allow us to make an estimate of financial interests. Also included in this analysis, the Guarantee Fund, and the cost of the interest generated by not having these funds on a monthly, if they we allowed to replace those funds by a bond guarantee must be added the cost of this bond . This work can be made by the Accountant Department of the Company, but we have to give they the dates that needs
After completing this analysis, we will can assess the financial cost of the Work

2-Another issue to consider is the requests for insurance by the Client, in every specification establishes the type of insurance that it will request for the construction, we can request a quote to a third, and include it in the Offer.
In addition to the occupational accident insurance and life (which is usually charged to the cost of man-hours of operations) there are another insurances to cover risks during construction
For example, if a company is working on an oil refinery and has to move a team with a crane ,there is a risk of damage to existing facilities, there is the risk of fire , there is a risk of harm to other operators, the risk of profit earnings, the risk of beating the team that is being mounted, the risk when transported the team to work.. All these risks must be covered and someone must pay for this. Sometimes the client has contracted them, and sometimes not, we must see what the Insurance ,that will request the Client. Our Promoter of insurances , can make assessment

See other Author’s Post about this Theme

Blog N°2
Blog N°3