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Home > Review scope, benchmark contracts, validate pricing, and calculate local content contribution.

Review scope, benchmark contracts, validate pricing, and calculate local content contribution.

Review Scope

Define the project objectives and deliverables.

Identify key stakeholders and their expectations.

Clarify the boundaries of the project and any exclusions.

Review existing documentation and previous project scopes.

Benchmark Contracts

Research industry standards and best practices.

Collect sample contracts from similar projects.

Analyze terms and conditions of benchmark contracts.

Identify key performance indicators and metrics for comparison.

Validate Pricing

Gather pricing data from multiple suppliers or contractors.

Compare quoted prices against benchmarked contracts.

Assess the pricing structure for transparency and fairness.

Review any price escalation clauses or contingencies.

Calculate Local Content Contribution

Identify locally sourced materials and services.

Determine the percentage of local content in the project.

Analyze the impact of local content on project costs and timelines.

Document and report on local content contribution for stakeholders.

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