Bidding a Tender

Post on 21-Jul-2016

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Bidding tender

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BIDDING A TENDER

Dipendra Gautam (strdyn@yahoo.com)

Tender ‘A written offer to contract goods or

services at a specified cost or rate; a bid’ (http://www.thefreedictionary.com)

‘A structured invitation to vendors for the supply of goods or services’ (http://en.wikipedia.org/wiki)

04/28/2023 strdyn@yahoo.com

Tendering

While Tender

ing

Value of money

TransparencyAccounta

bility

04/28/2023 strdyn@yahoo.com

6 cornerstone principles of tendering

Transparency

Equity

Value of money

Probity

Fair-play

Accountability04/28/2023 strdyn@yahoo.com

Methods of Tendering

Open or Public - Advertisement in daily newspaper Selective - Contractors chosen from Pre-Qual

register Sole or Direct- Sole bid invited without competitive

bids04/28/2023 strdyn@yahoo.com

Tender Process

1. Invitation to tender

2. Pre/post qualification questionnaire

3. Bid bond

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Tender Process

4. Site visit

5. Tender boxes

6. Receipt of tenders

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Tender Process

7. Withdrawal of offer

8. Tender opening

9. Evaluation of tenders

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Tender Process

10. Recommendation for award

11. Letter of award

12. Conditions of award

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Insurance

Performance bond

Tender Process

10. Recommendation for award

11. Letter of award

12. Conditions of award

04/28/2023 strdyn@yahoo.com

Insurance

Performance bond

04/28/2023 strdyn@yahoo.com

MANY THANKS FOR YOUR KIND ATTENTION !!!