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A RACI (responsible, accountable, consulted, informed) chart is an effective project governance tool so that team members understand their responsibilities and to ensure accountability throughout the procurement process. A mandatory is a mandatory and if a bidder fails it generally cannot proceed further.
Decision-making using Choosing by Advantages (CBA) and that incorporates Total Cost of Ownership (TCO) principals provides customer-centric solutions that pay dividends far beyond initial construction. Bidders add money to bids to avoid potential losses. This risk absorption is directly reflected in bid prices.
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