TORONTO—For the first time in decades, The Construction Institute of Canada’s (TCIC) national Simulated Student Bid Competition will not go ahead due to the COVID-19 pandemic.
The annual competition, which brings together industry and academia, helps students understand the real-life challenges in the construction bidding and estimating process.
As part of the competition, groups of students from various college and university programs across Canada submit complete bids for a project based on a set of contract documents which must contain quantity take offs for own forces work, a subtrade analysis and selection as well as an overhead and pricing summary.
The bids are judged based on criteria and awarded in three categories: most outstanding professional conduct, most accurate and complete bid package and closest to the target price.
Winners are presented with monetary awards and plaques.
“The TCIC Student Bid Competition is a decades old legacy event that has paid far greater dividends than construction industry employers ever imagined possible and represents a truly unique collaboration between industry and academia,” said Faith Chen, senior manager of TCIC/professional development, in a statement.
“Our decision to cancel the 2021 bid competition was a difficult one as you can well imagine. We do not know for certain what will happen as we begin the recovery from the worst global pandemic in over 100 years, but we can tell you that there will be a simulated student bid competition in the year of 2022.”