Technical Evaluation and the Importance of Integrity and Fairness - Research Paper Example

? Technical and Cost or Price Evaluations and Price Reasonableness Technical evaluation and the importance of integrity and fairness Fairness and integrity in technical evaluation of the construction project entail adherence to moral values and principles, which guide the members of a society on what is right and wrong. This evaluation will establish the integrity, which guides a person on the right thing to pursue with regard to the welfare of a society as a whole. This evaluation will encompass the rights and obligations have in society, and the gradual development of an individual’s moral standard. This aspect is anchored in the construction company’s policy framework given the benefits which accrue from practicing transparency within the firm. This takes the form of corporate social responsibility at a firm’s level. At the individual level, each person at within the organization is expected to uphold justice, integrity and workplace etiquette. According to American Society of Civil Engineers (2012), the application of fairness and integrity during the technical evaluation results in successful project completion. Integrity is an ethical aspect, which both the natural and corporate persons ought to practice in technical evaluation. This virtue incorporates many ethical values; hence it is a pillar in any successful firm. In fact, most organizations maintain high standards of ethics in the society in order to remain relevant and to enhance the organization’s going concern. Ethical compliance organizational and financial prowess often propels organizations to great heights in business performance. This will help in the achievement of the goals; the returns of firms increase and the shareholder wealth will be created with ease. Technical evaluation and the factors used to determine the competitive range Technical evaluation influences many factors, which determine the competitive range of a particular contract. These factors include; corporate social responsibility, service quality, high revenue, low cost of reduction, efficiency, customization of services, strategic operation management and free trade. Corporate social responsibility gives a competitive edge to the concerned firms over their rivals. This enables them to broaden their market niche and influence hence high revenue and profit margins. The compliance to fairness, justice and integrity during project evaluation depends on the leaders holding the whims of power. All stakeholders focus on the actions and demeanor of their leader. According to Hansen& Zenobia (2011), technical evaluation enables a company to have a competitive advantage. This has been operating efficiently due to strategic operation management. The technical evaluation culminates in the achievement of a competitive advantage due to the customization of contract services. Technical evaluation culminates in the competitive advantage of a contractor. The market forces determine the prices of contract services in the market. Free trade is not appropriate for developing countries. This is because free trade will make the contractors for the poor to compete internationally with the stable companies. This will further impoverish these companies. Sears, Sears & Clough (2010) assert that regulation in the market may be equal but the financial and economic capabilities of these companies vary. In the absence of government intervention in the private sector often low income countries, which majorly constitutes of small-scale companies and farmers, will lose their production of the stable international companies. The creation of wealth starts from the protection of the little wealth a nation or individual owns. Trevin?o & Nelson (2011) further posit that free trade results in the flow of skilled workforce from the poor countries to the rich nations because of favorable remuneration. In this regard, the free trade exposes the poor nations to exploitation because foreign investment in poorer countries will deprive the poor of income. Services delivered by the international corporations will be sold at expensive prices in order to earn super profits. This move will be to the detriment of the vulnerable poor because per capita income in the third world countries is low. An outline of the final technical evaluation report The most essential requirement prior to the development of any of technical evaluation is: The compliance with the pre-set rules and regulations governing the contractual agreements. This is because these standards boost quality in service delivery and discipline in the sector. Trevin?o & Nelson (2011) assert that this compliance creates confidence of the stakeholders, in the project contracting because of the quality of service in project contracting and the involvement of the international project management bodies in the assessment of the compliance of the sector to the set standards. Evaluation of programs tailored at offering proper training to the personnel in order to have delivery of quality service. This is because this plan acquaints the workforce with the necessary information regarding the nursing career. In this regard, it highlights the areas of the faculty that need evaluation. This includes methods to be employed in the evaluation and the kind of people to participate in the process is anchored in the plan. According to Trevin?o & Nelson (2011) action plans required to give feedback on the various inferences made with regard to boosting the quality in contract service delivery. In addition, the technical evaluation will help in the assessment of the proposal for funds of two-billion dollars for the installation of the fifty-two tower project. It also helps in the submissions of research reports and the normal assessment reports. The technical evaluation will ensure total quality management, benchmarking, the restructuring and the continuous improvement of the quality of the technical evaluation plan of the project (Hansen & Zenobia, 2011). It acts as a source of primary data for internal reviewing of the efficiency of the nursing faculty. This is aimed at boosting quality in delivery of service and prompt response to non-value adding roles. This evaluation is necessary in the benchmarking process whereby the level of performance is gauged against the external standards of quality service delivery. The technical evaluation plan will be implemented on a piecemeal basis in order to contain any shortcomings of the program before it is fully implemented. It is plausible to evaluate the results of performance with regard to the objectives and the strategic plans of the nursing profession in order to gauge the quality of a master plan evaluation program. The factors to consider when evaluating price reasonableness The pricing strategy is major considerations in the marketing contract services. The factors that influence the reasonableness of the price include; market price, liberalism, cost of production, competition forces, revenue projections, substitution, flexibility of price fixing and inflation. Much of it is usually determined by market standards. An organization ensures maintenance of high margins on each sale. Hansen& Zenobia (2011) claims that organizations make every effort to maintain a competitive pricing policy. However, as other organizations build their reputation as it expects to earn the ability to charge a premium for its products. Furthermore, this will ensure that the construction is of high quality is planned. The constructive change refers to changes sought by the gent of the construction exercise, which is usually not formally documented like constructive acceleration and changes pertaining to the interpretation of the contractual terms by the contracting gent.in case the construction exercise is behind schedule the owner has the option of terminating the contract or mend the time allocated to the contract. The other option is to deny the contractor his fees until the contract is almost completed. Different methods of price analysis The different methods of price analysis include; a comparison of the proposed price with solicitation prices and post service cost estimates, application of yardsticks, adherence to the legal framework on pricing, and the comparison of the proposed project price with similar project prices. This will compel the contractor to expedite the construction in complying with the construction terms and conditions of the owner. Sears, Sears & Clough (2010), assert that differing site conditions are the conditions which are not realized to the start of construction project. ‘No damage for delay’ clause refers to a clause which stipulates to the owner is not liable for any delay in the project and that the only option for the contractor is to seek for the retention of time to complete the construction project. According to Hansen & Zenobia (2011), delay damages are difficult to proof given the logistics of the whole construction exercise. Moreover, it is difficult to ascertain this charge because of unfavorable weather, economic conditions and other natural occurrences in the course of construction period. The method of adhering to the legal framework of pricing is the most appropriate for this project. References American Society of Civil Engineers. (2012). Quality in the constructed project: A guide for owners, designers, and constructors. Reston: American Society of Civil Engineers. Hansen, K. L., & Zenobia, K. E. (2011). Civil engineer's handbook of professional practice. Hoboken, NJ: Wiley. Sears, S. K., Sears, G. A., & Clough, R. H. (2010). Construction Project Management: A Practical Guide to Field Construction Management. New York: John Wiley & Sons, Inc. Trevin?o, L. K., & Nelson, K. A. (2011). Contractual Management : Straight talk about how to do it right.New York: John Wiley. Read More