Bidder - Revision history

Editor at 18:35, 10 December 2021

2021-12-10T18:35:28Z

← Older revision		Revision as of 18:35, 10 December 2021
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	Public projects or publicly-subsidised projects may be subject to OJEU procurement procedures (this may change when the UK leaves the EU). The regulations set out rules requiring that contracts must be advertised in the Official Journal of the EU (OJEU). The OJEU can therefore constitute a useful tool by which potential bidders are made aware of up-and-coming projects.		Public projects or publicly-subsidised projects may be subject to OJEU procurement procedures (this may change when the UK leaves the EU). The regulations set out rules requiring that contracts must be advertised in the Official Journal of the EU (OJEU). The OJEU can therefore constitute a useful tool by which potential bidders are made aware of up-and-coming projects.

−	= Related articles on Designing Buildings ~~Wiki~~ =	+	= Related articles on Designing Buildings =

	* Best value.		* Best value.
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	* Tender settlement meeting.		* Tender settlement meeting.
	* Things to avoid when tendering.		* Things to avoid when tendering.
		+	* TUPE considerations and bidding.

	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Appointments]] [[Category:Client_procedures]] [[Category:Construction_management]] [[Category:Procurement]]		[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Appointments]] [[Category:Client_procedures]] [[Category:Construction_management]] [[Category:Procurement]]

Editor at 16:22, 30 September 2021

2021-09-30T16:22:14Z

← Older revision		Revision as of 16:22, 30 September 2021
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	* Pre-tender interviews.		* Pre-tender interviews.
	* Procurement route.		* Procurement route.
		+	* Restricted procedure under the Single Procurement Document (Scotland).
	* Selection criteria.		* Selection criteria.
	* Specification.		* Specification.

Designing Buildings at 08:27, 27 December 2020

2020-12-27T08:27:29Z

← Older revision		Revision as of 08:27, 27 December 2020
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	* Things to avoid when tendering.		* Things to avoid when tendering.

−	[[Category:Appointments]] [[Category:Client_procedures]] [[Category:Construction_management]] [[Category:Procurement]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Appointments]] [[Category:Client_procedures]] [[Category:Construction_management]] [[Category:Procurement]]

Designing Buildings at 14:54, 1 October 2019

2019-10-01T14:54:53Z

← Older revision		Revision as of 14:54, 1 October 2019
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−	When a firm such as a contractor in the construction industry wants to secure work for its business, it will usually submit a proposal (a ‘tender’ or ‘bid’) ~~for~~ a ~~project~~ and in so doing becomes a ‘bidder’. The bid is a detailed description of how the ~~contractor~~ will manage and complete the ~~project~~ if chosen by the client. If the bid is successful, the ~~contractor~~ will be selected to carry out the work.	+	When a firm such as a contractor or other supplier in the construction industry wants to secure work for its business, it will usually submit a proposal (a ‘tender’, 'quote' or ‘bid’) to a prospective client and in so doing becomes a ‘bidder’. The bid is a detailed description of how the supplier will manage and complete the works required if chosen by the client. If the bid is successful, the supplier will be selected to carry out the work.

−	In bidding for the project, ~~contractors, consultants and others,~~ usually try to submit their lowest possible price for consideration by the awarding body (the client). However, this may not be the sole criterion in selection as the ~~contractor’s~~ experience and ~~qualification~~ may ~~count for more than price~~.	+	In bidding for the project, suppliers usually try to submit their lowest possible price for consideration by the awarding body (the client). However, this may not be the sole criterion in selection as the supplier's experience, qualifications, availability, quality and so on may also be considered.
−		+
−	~~Making a bid~~	+

	There are numerous ways of becoming a bidder but traditionally the main ways are:		There are numerous ways of becoming a bidder but traditionally the main ways are:

−	* Invitation to tender (ITT): the client ~~invites~~ a ~~selected~~ group of suppliers ~~(contractors, trade contractors, equipment suppliers, demolition firms, etc)~~ and invites them to tender (bid) for the project by releasing details against which the tenderers ~~may price and submit their bids~~. They will include their price for supplying the goods or services along with proposals for how the client’s requirements will be satisfied. Bids must be submitted by a specified deadline.	+	* Invitation to tender (ITT): the client selects a group of suppliers and invites them to tender (bid) for the project by releasing details against which the tenderers assess the works required. They will include their price for supplying the goods or services along with proposals for how the client’s requirements will be satisfied. Bids must be submitted by a specified deadline.
−	* For private finance initiative (PFI) projects, ‘invitation to negotiate’ (ITN) is the equivalent process to the invitation to tender of traditional contracts	+
	* Call for tenders: project owners (clients) release project information to contractors and sub-contractors in an attempt to solicit bids. This can include public announcements advertising the project and making published construction data available to any interested parties.		* Call for tenders: project owners (clients) release project information to contractors and sub-contractors in an attempt to solicit bids. This can include public announcements advertising the project and making published construction data available to any interested parties.

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	* E-procurement.		* E-procurement.
	* How to prepare tender documents.		* How to prepare tender documents.
−	* Invitation to negotiate.
−	* Mid-tender interviews.
	* Most Economically Advantageous Tender (MEAT).		* Most Economically Advantageous Tender (MEAT).
	* Non-compliant tender.		* Non-compliant tender.

Editor: Created page with "When a firm such as a contractor in the construction industry wants to secure work for its business, it will usually submit a proposal (a ‘tender’ or ‘bid’) for a project..."

2019-06-11T18:23:48Z

Created page with "When a firm such as a contractor in the construction industry wants to secure work for its business, it will usually submit a proposal (a ‘tender’ or ‘bid’) for a project..."

New page

When a firm such as a contractor in the construction industry wants to secure work for its business, it will usually submit a proposal (a ‘tender’ or ‘bid’) for a project and in so doing becomes a ‘bidder’. The bid is a detailed description of how the contractor will manage and complete the project if chosen by the client. If the bid is successful, the contractor will be selected to carry out the work.

In bidding for the project, contractors, consultants and others, usually try to submit their lowest possible price for consideration by the awarding body (the client). However, this may not be the sole criterion in selection as the contractor’s experience and qualification may count for more than price.

Making a bid

There are numerous ways of becoming a bidder but traditionally the main ways are:

* Invitation to tender (ITT): the client invites a selected group of suppliers (contractors, trade contractors, equipment suppliers, demolition firms, etc) and invites them to tender (bid) for the project by releasing details against which the tenderers may price and submit their bids. They will include their price for supplying the goods or services along with proposals for how the client’s requirements will be satisfied. Bids must be submitted by a specified deadline.
* For private finance initiative (PFI) projects, ‘invitation to negotiate’ (ITN) is the equivalent process to the invitation to tender of traditional contracts
* Call for tenders: project owners (clients) release project information to contractors and sub-contractors in an attempt to solicit bids. This can include public announcements advertising the project and making published construction data available to any interested parties.

Public projects or publicly-subsidised projects may be subject to OJEU procurement procedures (this may change when the UK leaves the EU). The regulations set out rules requiring that contracts must be advertised in the Official Journal of the EU (OJEU). The OJEU can therefore constitute a useful tool by which potential bidders are made aware of up-and-coming projects.

= Related articles on Designing Buildings Wiki =

* Best value.
* Bid evaluation.
* Bid writer.
* Common mistakes in construction tenders.
* Compliant bid.
* E-procurement.
* How to prepare tender documents.
* Invitation to negotiate.
* Mid-tender interviews.
* Most Economically Advantageous Tender (MEAT).
* Non-compliant tender.
* OJEU procurement rules.
* Pre-qualification questionnaire.
* Pre-tender interviews.
* Procurement route.
* Selection criteria.
* Specification.
* Tender.
* Tender documentation.
* Tender evaluation.
* Tender pricing document.
* Tender settlement meeting.
* Things to avoid when tendering.

[[Category:Appointments]] [[Category:Client_procedures]] [[Category:Construction_management]] [[Category:Procurement]]