Supply Chain

Supply Chain Tools & Systems - Model ITTs

Model Invitations to Tender (model ITTs) are four documents helping to simplify the contracting process between purchasers and suppliers in the oil and gas industry and offer major cost and time savings for both parties by eliminating duplication of effort and information.

The four guideline documents, which cover the areas of marine construction, topside support, well services and drilling, provide a standard layout for suppliers to follow when structuring their response to a purchaser’s request for services and/or equipment.

The model ITTs provide an easier and faster way to produce, issue and respond to invitation to tenders and bid packages.  Using the model ITTs is beneficial to both parties alike as operators can cut costs in the stages of tendering and evaluation and contractors in preparing their bids. Cost savings can be in the region of £25,000 to £50,000 per bid and given the volume of spending across the industry this will translate into savings running into millions of pounds annually.

All four model ITTs can be downloaded free of charge from the FPAL website: http://www.fpal.com/pages/links.htm