tender
tender
A tender process is when the client invites bids from qualified and interested
contractors to carry out specific construction work packages. A tender
process begins with an invitation to tender.
Tenders are typically advertised through local media to give all interested
contractors equal opportunity to submit their bids, clearly indicating the
materials to be used and the .
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then evaluates all the proposals based on criteria such as quality and price.
After a public evaluation process, the tender process is concluded once the
winning contractors and suppliers are determined.
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Types of tendering methods
Even though there are several types of tendering methods, this is the most
used tendering method for government projects. They use an advertisement
with the details of the type, scope and other relevant information in brief.
Then, contractors those who are willing to accept it, apply for the
advertisement. This procedure has many issues. It does not provide
reliability about the quality of the work. And the preparation may create
many expenses and losses. People have declined the use of this method
because of such disadvantages.
What are the advantages and disadvantages of the open tendering method?
The tender list may be too long because the tendering applications are
open to all interested contractors.
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What are the advantages and disadvantages of the Single-stage selective
tendering method?
resources.
Reduces tendering costs because the client invites fewer contractors to
submit their bids.
It helps to save time because the tender process is shorter.
The client can select the lowest offer because only qualified
contractors are considered.
The tender process is easier to manage.
Reduced tender documentation because only a shortlist of contractors
is invited.
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. In this procedure, the employer
The first stage: This step includes the process of selecting a suitable
contractor and establishing the price levels using the collected information.
Those details should be strong enough to make such decisions.
The second stage: The selected contractors start the production drawings. As
a result of this stage, they complete the documentation of the contract after
making bills to include in it.
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It is the best tendering method for particular circumstances, such as
during emergencies.
This method increases the barrier of entry for new contractors and
reduces the availability of work for non-selected contractors.
Contractors are likely to quote higher prices than in more competitive
tendering processes.
In this method, the contractor has two responsibilities. They are, designing
and building the project. He must give the services in a very professional
way. There is an agent for the employer, who is responsible for his
constructive interests and requirements. They present a price as a total
amount that must pay to carry out the project till the end according to the
conditions and policies in the contract.
What are the advantages and disadvantages of the Selective tendering for
design and builds tendering method?
Joint ventures
The chart below shows the various steps that form a typical tendering
process for a large contract. Smaller value contracts may be simpler.