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What is the difference between estimating and tendering in the construction trade?
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.
What is the difference between tender drawing and construction drawing?
Tender drawings are preliminary designs prepared to solicit bids from contractors, focusing on the overall layout, dimensions, and specifications necessary to provide an estimate for the project. In contrast, construction drawings are detailed and finalized documents used during the actual building process, including comprehensive information on materials, construction methods, and specific measurements. While tender drawings outline the project's intent, construction drawings provide the precise instructions needed for execution.
What is difference between tile and brick?
difference between the manufacture of bricks and manufacture of tiles
What is the difference between a raft foundation and a mat foundation?
They r the same. There is no difference.
How would you describe the construction tender process?
i want to know how to prepare tender
What is the difference between a tender and auction?
what is the difference between an auction and a tender
What is the difference between bid and 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.
What is the difference between a cross offer and counter offer?
the difference between offer and counteroffer
What is the difference between an offer and acceptance?
difference between offer and acceptance?
What is the difference between offer and acceptance?
difference between offer and acceptance?
What is the difference between a quotation and a tender?
tender is a own organisation format but quotation is a organisation format.
What is the difference between a tender and bid?
A bid is usually restricted to making a financial offer eg: at an auction you might make a bid of a certain price for a painting. A tender means that you will offer a service/item at a certain price. So it's a lot more complex than just dealing with a price.
What is the difference between tender and contract drawing?
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.
What is the difference between offer and Classifieds?
tell me the answer
What is the difference between an open and closed tender?
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.
What is the difference between a contract document and a tender document?
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.
Is a tender considered to be an offer?
Yes.
