A tender is essentially a transactional model whereby large organizations, companies, government bodies and NGOs find suppliers and contractors for particular projects or procurements. Therefore, it can be said that tenders form the base of bidding process used by both public and private institutions. Invitations to Tender or Requests for Tender (RTF) are usually used by an organization to invite bids from interested contractors for a large project or procurement. Tendering as a procurement method is used across industries in most parts of the world. Usually, most projects for which tenders are invited involve a large sum of money.
What are the Documents Required?
- A Letter of Invitation to Tender.
- The Form of Tender.
- Preliminaries: Including Pre-Construction Information & Site Waste Management Plan (If Required).
- A Tender Pricing Document (Or Contract Sum Analysis on Design & Build Projects).
- Employer’s Information Requirements
- Design Drawings, And Perhaps an Existing Building Information Model.
- Tender Return Slip.
- Conditions for Participation
- Accreditation & Quality Standard
- Conditions of Contract
- The Condition of Offer
Approx. Costing for Documentation
Pricing for the documents varies from project to project. It is not fixed. There are many factors on which the pricing is decided. For example; the size of the project, complexity of project, project’s past record, how big the project is, ETC. Approx. pricing starts from Rs. 9,000 to Rs. 18,000/-
Help & Guidance to Make It
To know more about Project Tender, the documents involved and how we can help.
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