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WHAT IS TENDER?
Tender is an offer which incorporates the sum of money, time and other conditions required to carry out the contract obligations in order to complete a project or a part of it consisting of specified works.
WHAT IS TENDERING ?
Stages of a project
Stage 1: inception & feasibility
Stage 2: design
identifying project objectives / set up project brief develop further project brief / develop concept & schematic design / Undertake detailed design & detailing / prepare cost plan & budget
Stage 3: tendering
issue tender documents / prepare & submit tender / evaluation of tender / award tenders / prepare contract documents
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Stages of a project
Stage 4: construction
site possession & mobilization / undertake procurement fabrication, installation, construction / carry out contract admin
undertake all testing, commissioning & training / obtain CF / handover project to owner /carry out necessary maintenance / Defect rectification / etc
Tendering
Will be started after the design complete and project budget must be approved The process that is used to obtain offers leading to a contract between: client client main contractor contractor consultant sub-contractor
A tender formally means an invitation to trade under the terms of offer. A contract is the term used for when the parties have reached agreement.
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PRINCIPAL ACTIVITIES
Tendering process
1. Selection of the most preferable or appropriate contract procurement method. 2. Development of tender list 3. Preparation of tender documentation 4. Invitation / calling off tender 5. Preparation and submission of tenders
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Tendering process
6. Receipt and opening of tenders 7. Evaluation of tenders 8. Acceptance of tender award or award of contract
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Tendering process
Stage 1:
PREPARATION
Stage 2:
APPROVAL TO TENDER
Stage 3:
DOCUMENTATION
Stage 6:
AWARD CONTRACT
Stage 5: PROCESSING
Stage 4: INVITATION
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