Form of tender
A tender is a submission made by a prospective supplier in response to an invitation to tender. It makes an offer for the supply of goods or services. An invitation to tender might be issued for a range of contracts, including: equipment supply, the main construction contract (perhaps including design by the contractor), demolition, enabling works, and so on.
An invitation to tender might include:
- A letter of invitation to tender.
- The form of tender.
- Preliminaries.
- The form of contract.
- A tender pricing document.
- A drawing schedule.
- Design drawings.
- Specifications.
The form of tender is prepared by the client or their consultants and completed and signed by the tenderer. It is a formal acknowledgement that the tenderer understands and accepts the terms of conditions of the tender documents and any other requirements that are stipulated.
Items that might be appear on a form of tender could include:
- Latest return time and date.
- Date, name and address.
- Tender reference number.
- The price for which they are to do the works and any adjustments prices that have been agreed should the scope of the work or period of time change (or a reference to documents providing this information).
- The date until which the price remains valid.
- The period of time that is allocated for the works, or an actual completion date if required.
- Acceptance of terms and conditions.
- Confirmation of the country’s law that will govern the contract.
- References to other documents containing information.
- Any qualifications that apply.
- Who will bear the costs of preparing the tender.
- Any alternative proposals (or a reference to documents providing this information).
- Confirmation of the tender being genuine and bona fide.
- Signature and tenderer details.
Some of these items may be filled out by the client or their consultants in advance, so that the tenderer only has to agree and sign.
[edit] Related articles on Designing Buildings Wiki
- Bid strategies.
- Common mistakes in construction tenders.
- Contract documents for construction.
- Construction contract.
- Contract conditions.
- Contract engrossment.
- Contract execution.
- Contractual documents.
- Negotiated contract.
- Schedules of work.
- Specifications.
- Tender.
- Tender documents.
- Tender negotiations.
- Tender processes.
- Tender return slip.
- Tender settlement meeting.
- Tender submission.
- Things to avoid when tendering.
- Variant bid.
[edit] External references
- Felp - Sample form tender
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