Comments on: What is the difference between Tender and Contract Documents? https://theconstructor.org/question/difference-tender-and-contract-documents/ Thu, 04 Jun 2020 06:20:48 +0000 hourly 1 By: M-KUBE QS & CONTRACTORS https://theconstructor.org/question/difference-tender-and-contract-documents/#comment-26302 Thu, 08 Dec 2016 17:45:42 +0000 https://theconstructor.org/questions/are-tender-documents-and-contract-documents-same-if-no-then-what-is-the-difference/#comment-26302 Tender Document:

It is a Pre-Bidding document. This document mainly describes about four matters, they are 1.Eligibility criteria of the contractor, 2. Time line of the project 3. Working Procedure of the contract and 4. Specification of materials with quantities(BOQ).

There are also some restrictions to get tender documents. In some cases, The contractor who is eligible only can get the tender document.

Bidding:

Once the rate is quoted by contractor in BOQ, it is sealed in cover and submitted to Tender Inviting Authority Panel. At the date of tender opening , the panel will unsealed the cover and start to name L1, L2 & L3 respectively to the contractor, who quoted lowest value of three members. Then negotiation process will take place, the contractor who comes for the lower price to him the tender will be awarded.

Eg: At the time of Tender Opening : L1 – 10.25 Cr; L2 – 10.30 Cr; L3 – 10.32

After negotiation : L1- 10.18 Cr; L2 – 10.23 & L3 – 10.15,

Now the contract will be awarded to L3

 

Contract Document:

It is a Post – Bidding Document. This document is totally of agreement. Once the bidding is over the contractor and client will undergo an agreement that the Project will be completed in scheduled time, with the same specification and  working procedure as mentioned in Tender document. If the project is delayed due to contractor, then the penalty will cover some percent in the total project cost. This agreement is documented as contract Document.

]]> By: Abdul-majid Mussa https://theconstructor.org/question/difference-tender-and-contract-documents/#comment-26301 Sun, 09 Oct 2016 06:58:39 +0000 https://theconstructor.org/questions/are-tender-documents-and-contract-documents-same-if-no-then-what-is-the-difference/#comment-26301

Tender document is offer from the client to contractor to permanent work

Contract document is agreement from department or client or organization to the contractor for perform work

]]> By: MUbeen https://theconstructor.org/question/difference-tender-and-contract-documents/#comment-26300 Wed, 05 Oct 2016 08:18:17 +0000 https://theconstructor.org/questions/are-tender-documents-and-contract-documents-same-if-no-then-what-is-the-difference/#comment-26300 Gopal Mishra excellent Example Thanx.

]]> By: Jinish Patel https://theconstructor.org/question/difference-tender-and-contract-documents/#comment-26299 Fri, 30 Sep 2016 09:38:08 +0000 https://theconstructor.org/questions/are-tender-documents-and-contract-documents-same-if-no-then-what-is-the-difference/#comment-26299 Tender is one type of invitation and contract is invitation card. Tender is invited in ppp model or when government have not sufficient  money and man power at that time government or any agency is publish or open a tender and for taking that work  different contractors submit their own rates to government or agency and whom of have  lower price rate, that contractor have going that tender and that contractor can work on that tender but for to do work some conditions have signed to contractors and that conditions like you have to finished work in specific time period, specific qualities, and money despotism like EMD, SD, etc etc and these conditions are the  contract documents.

]]> By: Enigneers Chaupal https://theconstructor.org/question/difference-tender-and-contract-documents/#comment-26298 Mon, 12 Sep 2016 11:28:06 +0000 https://theconstructor.org/questions/are-tender-documents-and-contract-documents-same-if-no-then-what-is-the-difference/#comment-26298 This article is quite useful for knowing more about tender and contract documents. Thanks so much!

]]> By: rakesh gupta https://theconstructor.org/question/difference-tender-and-contract-documents/#comment-26297 Mon, 29 Aug 2016 17:15:38 +0000 https://theconstructor.org/questions/are-tender-documents-and-contract-documents-same-if-no-then-what-is-the-difference/#comment-26297 What proucture can be adopted while preparing tender inviting docucments by an artitect

]]> By: Lokesh Sharma https://theconstructor.org/question/difference-tender-and-contract-documents/#comment-26296 Mon, 25 Jul 2016 05:55:36 +0000 https://theconstructor.org/questions/are-tender-documents-and-contract-documents-same-if-no-then-what-is-the-difference/#comment-26296 Hii
Gopal
Thanks for clarification about tender and contract documents with good example

]]> By: Pa Alieu Jagne https://theconstructor.org/question/difference-tender-and-contract-documents/#comment-26295 Sun, 26 Jun 2016 03:20:14 +0000 https://theconstructor.org/questions/are-tender-documents-and-contract-documents-same-if-no-then-what-is-the-difference/#comment-26295 Mr Gopal mishra, is award of contract only limited to the bidder with the lowest rates? I think it is based on best financial and technical offer. Am i right?

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