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What is the importance of documentation in procurement?
Procurement documentation is a process which depends on the type of the contract that has been already selected. A procurement documentation contains following parameters: Invitation to tender letter, Instructions to bidders, Specification, Drawings, Bills of quantities and schedule of rates etc. Procurement documentation plays an important role because they serve as an audit trail of how the process was carried out.
What is a tender contract?
A Tender is an open offer "to Make an offer". Ex: A Company wants to buy 1000 computers. It will give a tender notice in News papers with all the specifications it wants, for manufacturers to respond to it. Many manufacturers respond bidding their price for the 1000 computers. The most competitive bid wins the tender (deal/contract).
What has the author John G Lucas written?
John G. Lucas has written: 'Building contracts - documentation at tender stage' -- subject(s): Building, Construction contracts, Estimates
How do you use tender in a sentence?
A baby's skin is soft and tender. <><><> Tender can be a verb "I tender my resignation." It can be an adjective "This is a tender steak" It can be a noun "These gold coins are legal tender." or "he served on a ship in the Navy- a submarine tender."
How the quantity surveyor involvement in pre-contract?
Quantity surveyors are involved in pre-contract stages by preparing cost estimates, bills of quantities, and tender documentation. They provide cost advice and help in value engineering to ensure the project stays within budget. They also assist in the tender process by evaluating bids and negotiating contracts with contractors.
What are the comparative and superlative forms of the word tender?
More Tender IS THE COMPARETIVE FORM OF TENDER Most tender is the superlative form of word tender
Tender service Pakistan Tender Service Address?
Address of Tender Service Pakistan Tender Service is www,tenderserviceonline.com
What is a sentence with the word tender?
The meet was so tender the juices spilled out of my mouth.
Is the dollar considered legal tender?
The Australian Dollar is Legal Tender in Australia. The Bahamian Dollar is Legal Tender in the Bahamas. The Barbados Dollar is Legal Tender in Barbados. The Bermuda Dollar is Legal Tender in Bermuda. The Canadian Dollar is Legal Tender in Canada. The Fiji Dollar is Legal Tender in Fiji. The Hong Kong Dollar is Legal Tender in Hong Kong. The Jamaican Dollar is Legal Tender in Jamaica. The New Zealand Dollar is Legal Tender in New Zealand. The Singapore Dollar is Legal Tender in Singapore. The US Dollar is Legal Tender in the USA.
Tender News Pakistan?
Tender News & Tender information are provided by www.tenderserviceonline.com Pakistan
What is the oppsite of tender?
The opposite of tender in unbreakable.
When was The Tender created?
The Tender was created in 2009.
