11 ways to jumpstart your contractor prequalification program
TRANSCRIPT
11 Ways to Jumpstart your Contractor Qualification Program
Presenter
Brett ArmstrongVice President, BROWZ
What is contractor qualification?
You can’t manage what you can’t measure.
And now the ways to jumpstart…
Be Realistic
Task Hours per yearExplaining Requirements 1Answering questions specific to compliance / holding accountable 2Collecting documentation 1.5Entering data 1.5Validating data 2Monitoring data for expiration / change 2Coordinating data requests with other departments 2Total Hours/Year Per Contractor 12
2080 work hours per year / 12 = 173 contractors
One full time employee needed for every 173 contractors
Know Your Stakeholders
Procurement
Risk
Safety
Legal
Operations
Executive
Define contractor accountability
Common Qualification Standards
Insurance Requirements
Limits coordinated with legal counsel
General Aggregate and Excess/Umbrella Liability
Each Occurrence and Excess/Umbrella Liability
**Named Certificate Holder
Safety Statistics
Risk
License
Financial Stability
CSR + Business
Forward Thinking
1. Be realistic
2. Know your stakeholders
3. Define contractor accountability
4. Know your stakeholders
5. Insurance requirements
6. Safety statistics
7. Risk
8. License
9. Financial Stability
10. CSR and your business
11. Be forward thinking
QUESTIONS