Answer :
The tendering process includes issuing a tender notice, receiving and evaluating bids, and awarding a contract, with an emphasis on fairness and full competition. Two major documents included in a tender document are the Tender Notice and Contractor's Bid.
The tendering process is a method by which municipalities and other entities request proposals for large projects. The process is designed to ensure fairness and prevent corruption by allowing multiple contractors to submit their plans. The main steps in the tendering process typically include:
- Preparing a detailed tender notice that specifies the project requirements, including specifications and constraints.
- Issuing the tender notice to invite bids from potential contractors.
- Submission of tender documents by contractors, which describe their plans and pricing for the project.
- Evaluation of tenders based on predefined criteria, which may include cost, quality, and compatibility with project needs.
- Selection of the best tender that offers the best deal in terms of plan quality and cost.
- Awarding the contract to the selected bidder and notifying other participants.
Throughout the process, proper needs analysis, extraction, modelling, and weighting are essential to ensure a fair evaluation of all bids.
In a tender document, two major documents must be included:
- Tender Notice: This outlines the project's specifications, the scope of work required, and constraints that bidders must adhere to.
- Contractor's Bid: This includes the contractor's proposal, planned approach, detailed pricing, and demonstrates how they meet the specifications outlined in the tender notice.
