Submitting a quote
When the PM has requested a quotation from the Contractor either via a Compensation Event, Proposed Instruction or accepting the Contractors Compensation Event the Contractor can select the quotes tab from the applicable notification which will now show the “Create Quote” button which once clicked on will pop up with the Quote creation form.
When submitting a quote through FastDraft the Contractor is required to fill out the following information:
- Subject – the title of quote
- Amount— the value of quotation
- Quotation summary – summary of the quote, the Contractor can upload a detailed quote as an attachment
- Effect to accepted to Programme—if the Contractor selects “There is an effect on the Accepted Programme but this has been mitigated by measures as detailed:” or “There is an effect on the Accepted Programme which we are unable to mitigate” then the Contractor will be required to provide details on what has changed on the Programme and with the later they will also need to enter in the impact to the completion date
Accepting a Contractors Quote
After the Contractor has submitted a quote the PM will receive an email notification, the PM can then access the quote by going to the corresponding CE/Proposed Instruction and access the quote from the quotes tab. After selecting the quote the PM can then fill out their response by selecting the Assessment tab. The PM will have the option to Accept the quote, ask the contractor to submit a revised quote or decide to make their own assessment.