As you may have heard, there was a slight change in the tender requirement which spells out trouble so you may think.
In any industry, quality would definitely mean high cost, however, it might not be true. The perception of quality has been changed so much that many people would accept something of a lower quality but it might cost more should the perfect condition not be made.
When price is in consideration, a lot of things have to be kept in mind. Take for example, can something that is made from good materials be cost very low – even lower than the market price, something that is too good to be true?
With the recent slight change in requirement, the quality component of a tender will now be given greater weighting – 40 per cent to 60 per cent – said Minister for National Development Lawrence Wong.
With the previous requirement of 30%, Government will vet a firm’s past performance, productivity and safety record more thoroughly before awarding a contract.
Defining Quality:
1) Backed up with projects that have successfully gain recognition for projects that have passed a certain criteria.
2) Product that have brilliant test results to support performance.
3) A team from supplier that gives insights that assist in after purchase process – always providing solution for issues after sales process.
With the increase in construction activity in the market, smaller firms have the opportunity to be more involved in Singapore’s development. Such reinforcement will allow companies to invest in new equipment or upgrade their skills.
http://www.asiabuilders.com.sg/news/156338/construction-firms-upbeat-about-new-tender-criteria