caveat

[rbh]

Caveat- a warning.
Can some one please post an example of the use of this word as it would be used in a bid package, not a word I would use but one thats being used in our bid pack.

IE- the installation of plate anchors is beyond the scope of our equipment and a back hoe will need to be brought in?

thanks
Rob

 

[Water_God32]

Re: caveat

a formal notice requesting the court or officer to refrain from taking some specified action without giving prior notice to the person lodging the caveat

 

[coastalrichard]

Re: caveat

Not following Rob...more details?

 

[rbh]

Re: caveat

Not following Rob...more details?

Ya me to, I guess what I am trying to get across is when replying to RFQ and they ask for the "caveats to be noted" WTH??
This is a turn key quote/all inclusive but with some points that will change (added to or subtacted) now we have a piece rate sheet, but some times things are asked for that are out of our scope, and we need to add in a sub contractor IE back hoe plus our crew.

Would this be like provisioning?

just lost with the wording.

 

[coastalrichard]

Re: caveat

If I understand your question/explanation, you're talking about a change in the scope of work that may occur due to, as yet, undeterminable site/work conditions. But you say the contract is "turn-key". I always try to be very definitive of the scope when I quote jobs. I would quote condition #1=X; condition #2=Y, etc. Or, perhaps indicate that a change in the anticipated scope will be negotiated upon the final known scope? Sounds like the GC (Making an assumption that this job is construction-related) is either locked into a fixed-price deal or doesn't really have a complete idea of the scope?

 

[korygrandy]

Re: caveat

Caveat - Kya-vee-ought. Son, you can use this truck with one caveat, you bring the truck back with a full tank of gas.

Now I think the original requestor used an inappropriate word in this situation as it does pertain to a workload, and I would call this a change in scope rather than a caveat.

I would try to gain clarification on what theirdefinition of caveat is so you don't make a boo boo.

I often assoicate the word caveat with a similar meaning to 'disclaimer'


Son, you can use this truck with one disclaimer, you bring the truck back with a full tank of gas.

 

[Jlawsen]

Re: caveat

Caveat- a warning.
Can some one please post an example of the use of this word as it would be used in a bid package, not a word I would use but one thats being used in our bid pack.

IE- the installation of plate anchors is beyond the scope of our equipment and a back hoe will need to be brought in?

thanks
Rob

"Buyer beware"

 

[coastalrichard]

Re: caveat

Yeah...that's true...caveat emptor=buyer beware. But I'm not getting a warm and fuzzy feeling that the requestor is totally on top of things. Be aware of what?

 

[lncoop]

Re: caveat

According to good ol' Merriam-Webster one of the definitions is a modifying or cautionary detail to be considered when evaluating, interpreting, or doing something. Given the context I'd say their use of the word is entirely appopriate. Seems pretty clear to me what their intent is, but for an additional level of comfort you could add a simple disclaimer stating that herein you'll be using it within that context; e.g. For the purposes of this document the term caveat shall be expressly considered to mean ^^^^. Hope that helps.

 

[rbh]

Re: caveat

Thanks guys!

The exact point to this is really the total scope of the project is not known, the caveat is for me to let them know that I am bidding this project with the knowledge that all the information is not totaly available to me and I am bidding some of this projects % blind.

So I am working on my disclaimer/caveat, and just trying to get the wording down in a clear and concise order.

 

[coastalrichard]

Re: caveat

Well, the best you may be able to do at this point is to quote the scope of work defined by the bidding documents (ie Architect/Engineered Drawings by???, dated???, etc.) and stipulate that any deviations from said documents MAY impact your "final" job cost. I've learned that if you contract according to the governing documents, you put the onus on the clarity and completedness of the documents to govern the scope of work. If the scope changes...your price may change. Now it's up to your estimator to be spot on as to the original scope and to the requestor to be on top of the necessary scope.

 

[Jlawsen]

Re: caveat

Yeah...that's true...caveat emptor=buyer beware. But I'm not getting a warm and fuzzy feeling that the requestor is totally on top of things. Be aware of what?

It can mean a lot of things such as "Sold As Is", "All sales final", etc. It's hard to tell what the OP is referring to but I suspect he's bidding on something and in that case, it might mean "Site unseen", meaning you get what you get. Other time's the item is open for public inspection and viewing in which case you kick your "Due Dillegence" into action. That means that it's up to you. Once sold there is no recourse for undiscovered issues.

 

[Bigprairie1]

Re: caveat

I have to watch out for this kind of thing as well in my quotes Rob. As a result I often will include the caveat that "changes in scope due to missing or possibly unknown information at the time of this document (revision 0) will be quoted separately and in addition to the included quote herein".
This statement in conjunction with a direct business discussion addressing it and what it means in no uncertain terms ensures that the RFQ management team are well aware of possible upcharges....so no reason for anyone to slide, wiggle and expect more for the same price.
IF...some other supplier/vendor misses out on this with their quote response....then they stand a good chance of getting run over. Most legitamite companies fully understand changing the scope of the project and its affect on quotes. I haven't run into many, at least my line of business (Automation/Engineering/Design) that do the 'slide and wiggle'....do it for free thing.
My two bits.
BP

 

[rbh]

Re: caveat

Hey BP, I like that disclaimer/caveat.
I am just plugging in my unit numbers right now based on the info I have, as well as any work that may come down to an hourly thing will be bid on the high side with the expressed note that the charge out could and will be changed once the scope of the project can be finalized.