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4 Types of Tender and Tendering Processes
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4 Types of Tender and Tendering Processes

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Show More. No Downloads. Views Total views. Actions Shares. Embeds 0 No embeds. No notes for slide. Tenders contract -arti 1. It is published in the form of tender notice in news papers, notice boards etc. Limited tender—This is direct invitation only to a selected no. This is ordinarily adopted in the case of all orders the estimated value of which is less than Rs. Single tender—Invitation is given to only one firm to render a service by quoting their rates.

If the quoted rates are high, it will be negotiated to the agreement of the contract. It specifies the supply at a fixed rate during the period of contract. The quantities are not mentioned in type of contract and the contractor is bound to accept any order which would be placed before him. Classification of tenders 4. Tender form is printed standard form of contract giving standard conditions of contract, general rules and directions for guidance of contract.

This printed form and other documents are to be purchased on cash payment from the office inviting tender during office hrs on all working days. Tender Documents 7. Tender for work or supply are invited by issuing tender notice in prescribed form. Following particulars are given in the tender notice 1. Name of the authorities deptt.

Name of work and its location 2. Estimated cost 3. Last date and time of receipt of tender 4. Period of availability of tender document or validity of tender 5. Cost of tender document 6. Time of completion and type of contract 7. Date, time and place of opening the tender Designation of the officer opening the tender 8. The notice inviting tender in specified form like PWD 6 2. Layout plan, location of work 3.

Division in which location is situated 4. Schedule of quantities of work 5. Set of drawings including working drawings 7.

Availability of materials in the vicinity 8. Detailed specifications or reference to standard specifications for each item of work 9. Complete architectural and structural drawings Rate of supply of power and the point of supply Location of water supply point Time for completion and the progress to be made at intervals of time Conditions regarding employment of technical personnel Weather conditions in the area Amount of EMD and the form in which it is to be paid Information to be given in a tender document Insistence on Income tax and sales tax clearance certificate Mode of payment for work done Penalty conditions for slow progress and delay in the completion of work Designation of arbitration technique for the resolution of disputes outside the courts authority in case of disputes Information to be given in a tender document:- In case of refusal, this amount is forfeited.

Thus provision of EMD will restrict competition among sound financial contractors who are capable of completing work.

They may be punished by forfeiting EMD. If he fails to do so, a part or whole of the SD is forfeited by the department. It is refunded after the first maintenance is done which is six months. Following are the main reasons for security deposit: Contractor for which he is interested to take up works.

Contractors are classified according to the registration and registration fees and depending on this they can undertake works up to certain amount. Current income tax certificate 2. Work certificates for all the works performed during the last three years and those in progress 3. Solvency certificate proof that the person's assets are more than his liabilities for an appropriate amount 4. Attested copy of deed of partnership and power of attorney on stamp paper if needed 5. Application in duplicate with all documents 7.

Attested photos of all the partners if any Following points should be observed while opening the tenders: 1. The tender should be opened in public at …. If the owner is not present, the architect along with one assistant should open the tender.

The architect shall scrutinize the same, prepare the comparative statements and forward them to his client, with his recommendation as to whom the work should be awarded and why. A record must be kept for the list of tenderers and the money deposited by them. The earnest money should preferably be accepted in the form of bank draft. The lowest tender should be accepted after close investigating the reputation and standing of that contractor.

It is essential to ensure that they have been thoroughly checked and are without any mistakes. Scrutiny of tender cont. The fact is to be recorded with full reasons. A report on this to be submitted to the next higher authority.

It is an invitation from the owner to the contractor to execute some work at specified cost in specified time. It is published in the form of tender. Chapter-5 Contract Management Method of Work execution In making invitation to national tender for the procurement of goods.

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An effective bid management and tender process provides a positive evaluation approach that leads not only to the appointment of appropriate suppliers but to ensure that the ongoing relationship is a mutually beneficial. A wholly balanced and highly efficient bid and tender management process improves the quality of the supply chain while reducing costs and managing risks.

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Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. If you continue browsing the site, you agree to the use of cookies on this website. See our User Agreement and Privacy Policy. See our Privacy Policy and User Agreement for details. Published on Feb 24, Contracts and Tenders When two or more persons have common intention communicated to each other to create same obligation between them there is said to be an agreement. An agreement which is enforceable by law is a Contract. A Tenders is called upon for executing certain specified work, or supplying specified materials; subjected to certain terms and conditions like rates, time limit, etc. It is an offer in written form: Legally speaking, it is an offer to receive an offer for the work, within the specified financial limits. Check for more presentations at - www. SlideShare Explore Search You. Submit Search.

End of your Search..!! Tendering Pvt. Tender usually refers to the process whereby governments invite bids for large projects that must be submitted within a finite deadline. Tender Process from Tender Process. Tendering is the process of making an offer, bid or proposal, or expressing interest in response to an invitation or request for tender. Organizations will seek other businesses to respond to a particular need, such as the supply of goods and services, and will select an offer or tender that meets their needs and provides the best value for money. These documents also outline the particular requirements, criteria, and instructions that are to be followed. Future tenders are generally widely advertised to offer opportunities to a number of suppliers, encourage competition and provide a greater pool of offers to select from. Interested suppliers will then prepare a tender; the documents that outline the offer that they are making, and will include pricing, schedules as well as their eligibility for the project or procurement. They will outline their advantage over competitors; provide information on qualifications, competencies and experience.