WHAT IS INVITATION TENDER?
An invitation to tender (ITT) is a formal way of requesting proposals from different potential suppliers or contractors who want to win a contract to provide services, goods, or work.
TYPES OF TENDERING
- OPEN
- SELECTIVE
- NEGOTIATED
- TWO STAGE
- SERIAL
OPEN TENDER –
Open bidding also known as opens bidding, contracts are publicly announced, and anyone can submit bids.
SELECTED INTRODUCTION –
Selected bidders identified and invited to bid, customer and engineer experience, prequalification process.
CONTRACT AGREEMENT –
This is a contract, customer and engineer experience; consider suitable construction companies, prequalification process.
SERIAL STANDARD LIST –
- This General Contractor has been in voted To Create the Choosing List Based on Standard Quoting.
- Chosen Contractors Confirmed the Lowest Price Payed Constructions Use of Standards Nationwide.
- A General and Attractive Costs Method Allow Contractors to Supply Low Charges to Perform the Guaranteed Work.
Two Stage Tenders (2 Stages) –
- Allow To Bring Contractors To The Design Stage That Are Benefits To Notice The Architecture Of Any Problem To My Designer.
- The Contract Will Be Choose By Reference On The Approval Board, Include For Same Project Or Fake Invoice.
- Rate Units Will Be Negotiating Based On The Original Priority.
