The Analysis Of Tender Elements For HKIA Contract Model

HKIA contract model stands for Hong Kong architect association standard contract (with or without quantity form). The private property business companies broadly use it. In China mainland, the foreign property developers who usually follow the business model like also use it.The purpose of this article is to analyze the different reactions to different factors in the process of their bid management from project owners, vendors and the third party who works on bids evaluation. It will try to find out the common ground as well as the differences and provide references for the local companies who planes to compete in the bid for foreign property owners'projects.The article starts from the contract management model that is currently popularly used in the international marketplace. And it elaborates the major terms and contents in the HKIA contract. Then it will use interview survey or questionnaire survey to analyze the importance of different factors that impact the bid in the different phases of the bid management. For those that use HKIA contract model. It will figure out the bifurcation points among stakeholder, consult company and the contractor and make detailed analysis on the bifurcation points. Then it will provide suggestion to the local companies for the key points they should pay attentions to in their bid acquisition process by connecting the analysis with the real examples that happened in the other engineering project bids before.