For projects, is there usually one exclusive contract awarded for the logistics provider?
Normally, there is a competitive bidding process. The project owner (the resource owner or industrial company) in most cases, contracts an EPC to design, procure and build the plant. EPCs tend to work with project freight forwarders for the logistics element of the project, particularly the international shipping. There are typically five steps in the process of selecting a provider: 1. RFI (Request for Information) stage – EPC’s go to the market for indicative pricing, preliminary information and pre-qualification. 2. EPC’s shortlist likely candidates – usually about fi ve companies. 3. RFQ (Request for Quotations) is issued and usually the forwarder is given between two to five weeks to respond 4. Shortlist is made up and clarification meetings set up. 5. Finally, the contract award made; normally, the project owner has to approve the selection of the forwarder. It is possible that the project owner may intervene in the selection process, particularly if the project is in a remote lo
