What should be done after selecting the awarded subcontractor?

After selecting the awarded subcontractor, it is essential to input their prices into the project estimate. This step is crucial because it allows for an updated and accurate reflection of the project’s overall cost, incorporating the subcontractor's specific financial proposals. By doing this, the management team can ensure that the project's budget aligns with the awarded prices, enabling better financial planning and resource allocation throughout the project lifecycle.

Integrating the subcontractor's prices into the project estimate ensures that all stakeholders have a clear understanding of the financial implications associated with the selected subcontractor. It also helps in maintaining transparency and accountability within the project, which are critical aspects of effective cost management in civil engineering.

This process aids in identifying any adjustments that may be necessary to accommodate the awarded prices, further facilitating a smooth transition into the execution stage of the project.