b'BENCHMARKSThe risk of not paying careful attention to the procurement requirements, documents and bid forms can lead to wasted time and costs spent on non-compliant or ineffective proposals.Its essential for bidders to read and fully understand the contract pre-bid because the commercial terms may impact the bid. It is the legitimate expectation of the owner that a contractors bid is based on the form of contract referenced inthe procurement. Issues with the proposed contract should be raised prior to submitting a bid, particularly in a binding procurement process. Including words to the effect that the contract will be negotiated when there is no opportunity forpost-bid contract negotiation in the procurement process can leave an owner with little choice but to reject the bid as non-compliant. Similarly, even in a non-binding process, attempting to substitute significantly different commercial terms for a contract (particularly post-bid) can lead to delays in approving the contract or the decision to consider alternative proponents.CONCLUSIONCompetitive procurement processes offer contractors significant opportunities to win new work and solidifytheir schedules for weeks, monthsEnvironmentally Friendlyand sometimes years in advance. However, the risk of notLow Maintenancepaying careful attention to the procurement requirements, documents Low Thermal Conductivityand bid forms can lead to wasted time Energy Efficientand costs spent on non-compliant or ineffective proposals. There is also the potential for incorrectly pricing a job based on the failure to review all procurement documents. We are located at:The lawyers at MLT Aikins LLP assist1450 Wall Street, Winnipeg MBclients with all stages of procurement including preparation of documents, advice in responding to procurements andwww.silexfiberglass.com PH: 204.788.0648preparation of contracts for execution.Issue 1 | Spring Edition | 2024 BUILD MANITOBA 25'