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Title: CRITERIA FOR QUALIFYING CONTRACTORS FOR BIDDING PURPOSES
Accession Number: 00662927
Record Type: Monograph
Availability: Find a library where document is available Abstract: This synthesis will be of interest to administrators, contracting officers, engineers, and contractors, as well as bonding firms and sureties or others involved with highway construction and the procurement process for these services. Information is provided on the current practices used by state highway agencies to qualify contractors for performing competitively bid contract work. The synthesis covers the evolution of the various practices of qualifying contractors by public agencies and private sureties for public construction, discusses the surety industry perspective, and addresses the areas of overlap between them, as well as the important differences. Specific advantages and disadvantages of prequalification and postqualification practices are highlighted. This report of the Transportation Research Board also describes the bonding process, methods used by public agencies to determine the contractor's bonding capacity, and the extent to which only bonding is required by states.
Supplemental Notes: Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Thomas Jr, H RSmith, G RPagination: 46 p.
Publication Date: 1994
ISBN: 0309053261
Media Type: Digital/other
Features: Appendices
(7)
; Figures
(3)
; References
(58)
; Tables
(5)
TRT Terms: Uncontrolled Terms: Old TRIS Terms: Subject Areas: Administration and Management; Highways; Research; I10: Economics and Administration
Files: TRIS, TRB, ATRI
Created Date: Jul 29 1994 12:00AM
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