cost reimbursement contract

contract (3.7) based on costs expended

[SOURCE: ISO 6707-2:2017]

delivery management

critical leadership role played by a knowledgeable client (3.4) to plan, specify, procure and oversee the delivery of construction works (3.6) projects including knowledgeable leadership, consistent governance and systematic administration of procurement (3.13), contracts and project finances

[SOURCE: ISO 6082:2024]

delivery teams

individuals or entities who, through coordinated actions, are responsible for supply function associated with project delivery

electronic auction

repetitive process involving an electronic device for the presentation of new prices, revised downwards or new values concerning certain elements of tenders (or both), and which occurs after an initial full evaluation of the tenders, enabling them to be ranked using an automatic evaluation method

[SOURCE: ISO 10845-1:2020]

eligibility criteria

criteria framed around the ability of a respondent (3.28) or tenderer (3.39) to provide the required goods, services and construction works or disposals, or any combination thereof, which need to be satisfied in order for a submission to be evaluated

[SOURCE: ISO10845-1:2020]

employer

person or organization (3.21) intending to or entering into a contract (3.7) with the contractor (3.9) to supply goods, carry out construction works and/or provide services

Note 1 to entry: The definitions for “employer” and “contractor” are such that relevant subclauses of this document can be applied at any point in the supply chain. For example, in a contract, a “contractor” can be an “employer” and a “contractor” can be a “subcontractor”.

[SOURCE: ISO 10845-1:2020]

expression of interest

request for respondents (3.28) to register their interest in undertaking a specific contract (3.7) or to participate in a project (3.26) or programme and to submit their credentials so they can, in terms of the employer's (3.15) selection methods (3.31), be invited to submit a tender offer (3.38) should they qualify or be selected to do so

[SOURCE: ISO 10845-1:2020]

feasibility study

evaluation of a proposed project, the practicability of its achievement, potential risks (3.20) and the design, financial, economic, social and environmental implications

[SOURCE: ISO6707-2:2017]

form of offer and acceptance

document that formalizes the legal process of offer and acceptance

[SOURCE: ISO10845-2:2011]

form of securities

document that provides for the securities required by the employer

[SOURCE: ISO10845-2:2011]