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More than 1,600 applications have been approved by the URA "Completed Bidding", and more than 60% of the winning bids are lower than estimated

2021-07-25T03:50:13.623Z

In 2016, the URA launched "Complete Tendering" to provide professional support services to owners and corporations at preferential fees, assisting corporations in preparing for tendering of project consultants, until owners convened a meeting of owners to select project contractors to reduce costs.



In 2016, the URA launched "Complete Tendering" to provide professional support services to owners and corporations at preferential fees, assisting corporations in preparing for tendering project consultants, until owners convened a general meeting of owners to select project contractors to reduce the risk of bid rigging.

As of the end of June this year, more than 1,600 applications have been approved, involving 178,000 residential units.


In April this year, the "Public Version" was added to the "Completed Tendering" program, which was the first to provide an electronic tendering platform for the "EV Housing Easy Charging Funding Program" under the Environmental Protection Department. All corporations participating in the program are required to use the "Public Version" for bidding. Engineering consultants and engineering contractors for the preparation and installation of electric vehicle charging infrastructure.

The "Public Edition" has so far registered more than 900 service providers of various types of registration lists, and more than 150 corporations or management companies have successfully registered.


The URA launched the "Complete Tender" in 2016. As of the end of June this year, more than 1,600 applications have been approved, involving 178,000 residential units.

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"Complete tendering" has been launched for 5 years. The participating buildings range from single buildings, medium-sized buildings to large-scale housing estates with more than 1,200 units; the building ages range from "young buildings" with the age of more than 10 years to "middle-age buildings" with 30-40 years of age. "There are even "old-age buildings" up to 70 years old.

The service covers the entire tender process for selecting engineering consultants and contractors. Depending on the number of building units involved in different application cases, the distribution of ownership and the scale of maintenance works, it usually takes 18 to 24 months for owners to start the preparation work. In order to complete various related tasks.

At present, about 120 cases have been completed to hire a project contractor.

The number of return bids increased by 2 times

The URA team compared and analyzed the return bid data of contractors before and after the launch of "Complete Bidding" and found that after using "Complete Bidding", the overall number of returned bids was about 12 to 70, compared with no "Complete Bidding" service. At the time, there are generally only 3 to 44 return bid numbers, an increase of up to 2 times.

In addition, the URA appoints independent professionals to provide owners with professional technical advice and independent estimates of the project, providing owners with one more reference material.

According to the analysis of the data of "Complete Bidding", in the maintenance project using the service of "Complete Bidding", more than 60% of the bidding documents of the construction contractor finally selected by the owner were lower than the independent estimate.

The team analyzed this batch of tender documents whose prices were lower than independently estimated, and noticed that many of them were registered contractors registered on the electronic bidding platform for the first time, reflecting that new bidders participated in the building rehabilitation market and increased the choice of corporations and owners. We also provide more competitive bidding documents.

In April of this year, the "Public Version" was added to the "Complete Tendering" program, which was the first to provide an electronic tendering platform for the "EV Housing Charging Funding Scheme" under the Environmental Protection Department.

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A public version of "Complete Tender" was added in April

In order to assist private building owners, other government departments and the property management industry, the URA established a brand new "e-tendering platform (public version)" in April this year to allow private buildings not participating in the Building Rehabilitation Subsidy Scheme to use the e-tendering platform. Carry out the bidding process on its own.

They can upload tender documents on their own through the "public version" and openly invite various types of contractors and consulting companies to bid.

The Chief Executive Officer of the URA, Wei Zhicheng, believes that the "complete tendering" service will play a role in promoting the opening of the building rehabilitation market and enabling contractors to provide engineering services at the most competitive price in a fair and equitable manner.

Consumer vouchers|URA helps Yumin market vendors install electronic payment system stalls in order to stimulate business. URA intends to start the To Kwa Wan Civil Servants Cooperative Reconstruction Concern Group to advocate calculation of compensation, exempt land price, and URA’s old building drainage system maintenance subsidy Hundreds of applications involved 5,700 units. Urban Renewal and Urban Renewal of Sham Shui Po was studied by the Urban Renewal Authority, which covers 16 hectares.

01News

Source: hk1

All news articles on 2021-07-25

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