A PQQ (Prequalification Questionnaire), is used when large contracts are between companies. This is where the organization’s capabilities are assessed. These include whether they can sustain the project, whether they have sufficient skills, including technical background staff, and whether they have the experience necessary to complete the project.
Once these questions have been answered, it is possible to begin the process of shortlisting companies. This document can also be used by local contracting authorities to manage the cost of the tender process. A firm pre-qualification contains questions such as financial statements, questions about health and safety, environmental questions, supplementary questions, and technical and quality-check questions.
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In Australia, before the invitation to bid is sent, the contractor must submit the PQQ. This is a great way to market and takes enough time to evaluate the resources needed so one can submit the required submissions. When it comes to PQQ, we often forget that time is important.
There is a lot of competition among the contractors and the deadline must be met. Every corporation with the ability to work for the supplier must send the PQQ in time so that the contracting authorities can meet and resolve any important issues.
In Australia, there are many online services that can help contractors with any last-minute questions or answers. This has made it easy for suppliers and contractors to make decisions and all can be done professionally. The company information is usually kept in one place for tender notifications.
To properly maintain this information, requires adequate space and resources. Each bid submitted by contractors must comply with the requirements of contracting authorities. The PQQ must also be relevant to the bid. Online service providers can view and answer relevant questions based on this centralized information.