Prequalification means the process by which a client evaluates and approves the capabilities of a contractor or supplier to perform a specific type of work or provide a particular type of goods or services. In here, we have got assessing criteria such as financial stability, experience, expertise, quality control processes, safety record, and compliance with applicable laws and regulations so that we find perfect qualifiers. We also make consider quality assurance, time and cost savings, compliance and risk management and others.