- Execution Duration
The execution duration is the time period specified for completing a project or providing the required services in a contract. It is one of the most important terms in tender documents and government contracts, significantly impacting the project's success and the achievement of its objectives.
How to Determine the Execution Duration
- Project Complexity: The duration depends on the size and complexity of the required work.
- Previous Experiences: Analyzing data from similar projects to estimate the appropriate time.
- Coordination with Stakeholders: Negotiating with suppliers or contractors to determine a realistic duration.
- External Factors: Such as weather conditions or resource constraints.
Execution Duration Monitoring Procedures
- Preparing a detailed timeline outlining execution phases and deadlines.
- Using project management tools to track progress.
- Holding regular meetings with the team to review performance.
Delay Penalties
If the execution duration is exceeded without acceptable justifications, financial or legal penalties may be imposed on the contractor or supplier. These penalties are specified in the contract to ensure adherence to the timeline by all parties.
Modifications to the Execution Duration
The execution duration can be extended under certain circumstances such as:
- Force Majeure: Such as natural disasters or wars.
- Project Modifications: If the announcing entity requests substantial changes to the work scope.
Role of Execution Duration in Evaluation
During the evaluation process, execution duration is a crucial factor in choosing the best offer. Proposals that provide realistic timelines while maintaining quality are considered a competitive advantage.
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