What Is a Pre-Qualification?

Pre-qualification refers to a method of pre-qualification review of potential bidders who have obtained pre-qualification documents and submitted pre-qualification application documents before bidding. The Regulations for the Implementation of the Tendering and Bidding Law stipulates that if a tenderer adopts the pre-qualification method to conduct a qualification review of potential bidders, it shall issue a pre-qualification announcement and prepare a pre-qualification document. The tenderer shall reasonably determine the time for submitting the prequalification application documents. The time for submitting prequalification application documents for projects that are required to conduct bidding according to law shall not be less than 5 days from the date when the prequalification documents are discontinued for sale. ^[1]

prequalification

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Pre-qualification refers to a method of pre-qualification review of potential bidders who have obtained pre-qualification documents and submitted pre-qualification application documents before bidding. The Regulations for the Implementation of the Tendering and Bidding Law stipulates that if a tenderer adopts the pre-qualification method to conduct a qualification review of potential bidders, it shall issue a pre-qualification announcement and prepare a pre-qualification document. The tenderer shall reasonably determine the time for submitting the prequalification application documents. The time for submitting prequalification application documents for projects that are required to conduct bidding according to law shall not be less than 5 days from the date when the prequalification documents are stopped for sale. ^[1]

1. Prepare pre-qualification documents. The owner shall organize relevant experts to prepare the pre-qualification documents, and may also entrust the design unit and consulting company to prepare. The main contents of the pre-qualification document are: 1) project introduction, 2) requirements for bidders, and 3) various schedules. The pre-qualification documents must be submitted to the bid invitation management agency for review.

2. Publish project bidding information and publish pre-qualification announcements in the construction engineering trading center and newspapers and magazines designated by the government. The content of the pre-qualification announcement shall include: the name of the project, the source of funds, the scale of the project, the quantity of the project, the subcontracting of the project, the qualifications of the bidder, the date, place and price of the pre-qualification purchase documents, the date of submission of the pre-qualification bid documents, time and place.

3. Submit pre-qualification documents. Bidders shall submit pre-qualification documents before the prescribed deadline.

The level of technical service quality of the review committee, whether it has participated in the review, directly affects the review results. In order to ensure the scientific and notarization of the review, the review committee must be authoritative. The review committee must be composed of experts in various fields.

Prequalification template

The implementation of the bidding system for construction projects is a form of competition for the development of China's socialist market economy and an inevitable requirement for the development of a market economy. The market economy is an economic operation form that realizes the rational allocation of resources through price leverage and competition mechanisms in accordance with the law of value. Pre-qualification is an important first step for the development of bidding. For construction enterprises, the information released by the bidding project to understand the status of the project, the less qualified companies do not have to waste time and energy, and can save bidding costs.

The bidding system introduces construction enterprises to the competition mechanism in a comprehensive manner, giving construction enterprises pressure and motivation. Promote construction projects to act in accordance with economic laws, promote the optimization of the construction industry structure, and realize the survival of the fittest. The pre-qualification review reflects the principle of selecting the best to achieve the optimal allocation of social resources, thereby promoting the development of social productivity. For the owner, first of all, the financial ability, technical status and construction experience of the bidder can be understood. Can choose the outstanding bidder in finance, technology, construction experience and so on to participate in the bidding. Secondly, bidders who are not qualified or qualified may be eliminated. Reduce the working time during the review stage and reduce the review costs. Third, it can also eliminate the risk of awarding a contract to a bidder who has not passed the pre-qualification process, laying a good foundation for the owner to select an excellent bidder, and making the construction project period Good economic and social benefits have been obtained in all aspects of quality and cost.