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i want to know how to prepare tender
The process of cost estimating is working out how much a building or other construction will cost to make. The costs are usually divided into materials and labor costs. Tendering is the process of making a priced offer to construct the building. This is a legally enforcable offer made within the conditions of the tender documentation.
An offer on a product is the amount of money that a person is willing to pay for a particular product. The tender is the amount of money that has actually been paid for a product.
DNIT stands for DETAIL NOTICE INVITING TENDER(DNIT)
Scrutinize, review of tender drawings/documents for discrepancies, additional BoQ items/scope and incorporating within the tender offer; Liaise with consultant regarding ambiguities contract work scope and seek clarifications there to. •Quantity Take Off for all Civil elements (manually, A-CAD) based on pricing preambles and compiling the Tender BoQ with description. •Analysis of rates for Labour, Material and Plant (fixed and variable) and thus assist build up costing, pricing and analysis of direct and indirect cost for the BOQ items. •Maintain vendors data base, Floating Enquiries to subcontractors and suppliers. •Analyze and compare quotations received at bid stage and clarifying exclusions/qualifications within. •Compilation of tender/bid offer submissions. •Any additional task assigned by superior / reporting head.
Drawings that are used for estimating/pricing the cost of the building to be constructed.
what is the difference between an auction and a tender
Tender Drawing means which drawing issued project tendering stage.
tender document is a document submitted by a contractor bidding for a construction project.some components of the document include,Bill of Quantity,Company's Profile,Working Drawing etc.
Tender is a formal invitation to suppliers to make an offer to the buyer for the supply of goods and services as set out in the specification document within the formal tender document. Contract is the formal agreement between the buying organisation and the supplier setting out what services and products the supplier is contracted to deliver and within the timeline and contract price.
tender is a own organisation format but quotation is a organisation format.
i want to know how to prepare tender
A bid is making a financial offer for something or the amount of money that you will pay for something. A tender is offering a service at a specific price.
Provisional sum is an amount quoted for an item in a tender document where all of the design information is not fully specified. The provisional sum should be as accurate as possible with the information to hand A variation is an item within a construction project that was not originally specified in the contract tender document and so is a 'variation to contract'.
The process of cost estimating is working out how much a building or other construction will cost to make. The costs are usually divided into materials and labor costs. Tendering is the process of making a priced offer to construct the building. This is a legally enforcable offer made within the conditions of the tender documentation.
The difference between an open and closed tender is located on the range of the bidders. Open tenders allow any supplier to bid for your business and also can be useful in establishing the average cost of systems and standard inclusions/ exclusions which closed tender invites select suppliers who have been identified meet or close to your requirements.
A contract is an agreement between two parties for any means, typically involving some sort of exchange. A tender document is a document that indications the specification of a customer.