Track record in the construction industry
A track record is a history of past performance or accomplishment – or lack of it – the totality of which may give a third party a good idea of the future performance potential of the subject in question. The term derives from the racetrack, an athlete who has won many races is said to have a ‘good track record’ and converse will be the case if they have lost more races than they have won. Also, an athlete may have the ‘track record’ for the 400m hurdles, meaning they hold the record for the fastest time to complete that event.
A ‘track record’ (whether good or bad) may usually be ascertained from one of the following and may allow a prediction to be made on future potential:
- Past performance in various events or situations (e.g the work of an architect);
- A curriculum vitae (CV);
- Statistics or a table of results.
This may be used as one of a number of selection criteria used when assesseing potential suppliers for construction projects. Other criteria might include:
- Price.
- Relevant experience.
- Understanding of the requirements.
- Technical skills.
- Availability.
- Management skills.
- Proposed methodology.
- Compliance with the requirements of the submission process.
- Financial standing.
[edit] Related articles on Designing Buildings Wiki
- Appointing consultants.
- Auction theory.
- Best value.
- Bid evaluation.
- Design quality for buildings.
- Key performance indicators.
- Bid evaluation.
- Due diligence when selecting contractors or subcontractors
- Invitation to tender.
- Most Economically Advantageous Tender (MEAT).
- Pre qualification questionnaire.
- Procurement route.
- Tender evaluation.
- Selection criteria.
Featured articles and news
Download your free guide.
Four new types of prior approval for solar developments
Online Planning Portal application types from 5 September.
Election fails to spark construction industry revival
Contract awards and planning; post election.
Making diversity and inclusion easy for SMEs
The CIOB tool for companies with limited resources.
Sustainable Futures: Redefining Retrofit for Net Zero Living
BSRIA Briefing 2024, initial speakers announced.
Looking back at the UK's first Passivhaus leisure centre
Reflections on St Sidwell’s Point with CIAT.
A-Level results and electrical apprenticeships
Electrical Skills Index highlights areas with skills shortages.
One of the world's more unusual drive-throughs.
A quick introduction.
Hadrian's Wall Path and the national trails
The trails are heritage assets in their own right.
Articles on timely advice and hydraulic lime.
Building Designers Association of Australia
CIAT and BDAA sign Memorandum of Understanding.
Built Environment Inclusive partners issue statement committed to inclusion.
Building regulation requirements can have unintended consequences.
CIOB announces 2024/25 vice president
Sustainability champion Professor Saul Humphrey.
Accelerating towards a net-zero built environment.