V. The Contractors Due Diligence in Practice
Construction companies in Western Europe are usually certified under ISO industrial…
One of the relevant processes in terms of due diligence on the subject topic is the…
Tendering Timeline Overview 1…
The schematic above shows the timeline of a tender in a given company. The different…
• TB1+2 during or at the end of the lead phase: Business Units present their potential…
• TB2 often is held shortly after receipt of tender documentation. From technical,…
• TBn: intermediate TB’s occur in long lead tenders, to keep the top management up…
• TBFinal: Before bid submission, a final review of the tender occurs, and final…
In each of the TB meetings, the tender team must present their plans in accordance…
The structure and process of achieving legal reviews is than often a separate process,…
A crucial aspect of good contractor due diligence is that the contractual support…
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