Design & Build: The bidding tactics of Vietnam’s leading construction company

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tỷ lệ soi kèo bóng đá has continuously demonstrated its leading ability in fine art when executing works of great difficulty by winning two major tender packages in two consecutive years at the Ecopark project cluster with a total value of more than VND 3,300 billion. Furthermore, the development plan in the international market is being gradually realized by tỷ lệ soi kèo bóng đá.

Bright sound for the construction market

In the middle of 2020, Vietnam’s construction industry struggled to cope with great shocks: the price of materials skyrocketed, the Covid-19 epidemic broke out around the world, disrupting supply chains, and construction sites had to be halted to meet the anti-epidemic requirements, with many construction enterprises having to close down due to lack of funding and a severe shortage of human resources.

With such great difficulties and disruptions, the domestic construction industry only grew by 6.76% in 2020, a worrying increase compared to 9.1% in 2019 (according to the Vietnam General Statistic Office). Notably, the fluctuations in materials prices are the leading cause of obstacles for 66.7% of construction enterprises.

During that period, tỷ lệ soi kèo bóng đá was pleased to announce the winning tender for three projects simultaneously, the most significant being the Design & Build (D&B) package for the Sky Oasis Residences Island Apartment invested by Ecopark Group JSC (Ecopark). This project has a scale of 2 basements and 41 floors with a total contract value of up to 1,500 billion VND.

Grasping the wishes of investors and homebuyers, combined with the extensive experience in design and construction, while Sky Oasis Residences is still undergoing the finishing stages, Hoa Binh continues to win the D&B project of Haven Park Residences, a part of Van Giang Trade and Tourism Urban Area (Ecopark Urban Area)

Design & Build: Chiến thuật đấu thầu của doanh nghiệp xây dựng hàng đầu Việt Nam

tỷ lệ soi kèo bóng đá won the Sky Oasis Residences contract worth 1,500 billion VND.

At that time, the tender was very stressful because the price of cement, sand, stone, aluminum, glass, etc., increased rapidly (sometimes more than 40% compared to 2020). “Contractors find it difficult to find jobs, but many contractors do not dare to accept jobs because there is no measure to deal with price storms,” said Nguyen Quoc Hiep – Chairman of the Vietnam Association of Construction Contractors (VACC).

When announcing the winning tender (October 20, 2021), Haven Park Residences was one of the largest urban area projects in Northern Vietnam. Hoa Binh became the D&B general contractor for the package worth more than 1,860 billion VND, including the construction of the basement, the podium, and two 41 floors of twin towers.

Tập đoàn Xây dựng Hoà Bình trúng thầu Sky Oasis Residences trị giá 1.500 tỷ đồng.

tỷ lệ soi kèo bóng đá won the Haven Park Residences project bid worth 1,860 billion VND.

Overcoming the stressful tender

Haven Park Residences and Sky Oasis Residences are projects with a great contract value in the domestic market, so there are many factors that affect the investors’ final decision in choosing a contractor for their projects.

Experience, working style, personnel qualifications, construction time, commitment, and price are the prerequisites representing a reasonable tender.

In 2020, Ecopark organized the first invitation to tender for Sky Oasis Residences under the D&B contractor plan. This was a very hot project at that time (since Ecopark’s projects are famous for their fresh landscape and complete facilities, so they are sought after by many customers and investors), the investor needed to an urgent select a contractor, so the bid submission was also very short, only nearly four weeks. In addition, the bidding documents of Sky Oasis Residences were revised and supplemented many times, causing contractors to “swirl” to deploy tenders.

A problematic point to mention is that the tender document of Sky Oasis Residences is a concept; Haven Park Residences and later projects all stop at the basic design. Therefore, there is not much information to calculate and extract values. Tender teams of contractors need to refer to many similar projects that have been built to avoid omissions.

For the same project, D&B tenders need more preparation time than usual. The reason is the need for coordination between many departments (design, bidding, engineering, project management board, etc.), so communication problems and obstacles may exist.

Altogether, this results in a tremendous amount of work, requiring the contractor to have a professional tender team, smoothly coordinate, and operate at maximum capacity. Hoa Binh has overcame the pressure and proved its capacity right from the tender round, bringing to the construction company this first-class project.

Seize opportunities

In 2022, tỷ lệ soi kèo bóng đá ranked first in the ranking of Top 10 prestigious construction contractors in Vietnam. Many factors, including construction capacity, determined this result. For years, understanding the needs of the market and demanding customers, tỷ lệ soi kèo bóng đá has strongly developed the D&B model during the implementation of projects.

As a new trend in the global construction industry, D&B helps investors eliminate many complicated tasks compared to old construction plans (having to divide many small packages and manage many contractors). The project can save up to 20-30% of the progress, contributing to optimizing the parties’ cash flow. In fact, by speeding up progress and optimizing cash flow, some projects have saved 10-15% of total investment capital when applying D&B.

However, despite being a breakthrough construction model of the times, D&B is not an easy opportunity for any construction company, especially when applied to large-scale and complex projects. The exception of tỷ lệ soi kèo bóng đá comes from its solid experience in the construction field, plus the investors’ belief in the brand reputation that had been confirmed in many large D&B projects such as Imperia Sky Garden, Jamila Khang Dien, LIM Tower III, Mizuki Flora, Amelie Villa, Midori Park the Glory, etc.

In the original design, Sky Oasis Residences was designed with three towers. However, after meetings and listening to advice from tỷ lệ soi kèo bóng đá, the investor Ecopark agreed to modify it to a 2-tower design, bringing optimal efficiency in terms of art and economy for the project.

Sky Oasis Residences has succeeded and exactly met the standards and regulations that have made Hoa Binh increasingly trusted and highly appreciated. At the same time, the D&B bidding team also gained a lot of experience, becoming more “battle-hardened” when participating in other projects.

Most recently, tỷ lệ soi kèo bóng đá has planned to expand overseas markets, aiming to increase revenue to USD 20 billion and profit to USD 1 billion within the next ten years. Sky Oasis Residences, Heaven Park Residences, and hundreds of completed projects across Vietnam will be a solid foundation for Hoa Binh to break through in the international arena, bringing Vietnam’s construction industry to a new level.

According to the expected plan, in the fourth quarter, Hoa Binh will start building a project in Australia to prepare for the Brisbane Olympic Games that will take place in 2032.

Ninh Nhi

According to Bao Xay Dung

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