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Estimating & Costing
TENDER
Tendering
Tendering is the administrative procedure of sending
out drawing and bills of quantities or specifications to
contractors for them to state their prices for all the
items of one contract.
Types of Tender
 Turn-key tenders
 Limited Tenders
 Open tenders
 Short tenders
 Quotation notice
Turn-key tenders
 The intention behind turn-key contracts is to entrust
the contractors with the entire responsibility of
detailed investigation , planning, design, construction
and commissioning of the total project.
 design and construction of Water Treatment Plants
 Sewage Treatment Plants
 Washeries
 Workshops
 Underground and Overhead Water Tanks
Limited Tenders
In case the work is of a specialized nature/ very
urgent nature with strict time frame and stringent
quality requirements, limited tenders amongst
registered/ working contractors or known agencies of
repute may be invited with the competent approval,
depending upon the
value of work.
Open Tenders
This is the normal procedure of tendering where
tenders are invited from the parties under a given set
of terms & conditions regarding their past
experiences, present status, credibility and other
conditions which may be included in the NIT for a
particular tender depending upon the requirement of
work. The minimum time for submission of tender
and extent of publicity to be given are elaborated in
the relevant clauses.
Short Tenders
For smaller work of estimated value upto Rs. 5 lakhs
open short tenders may be invited. This type of
tender notice is similar to open tender notice with the
exception that the time of circulation can be reduced
to a minimum of 5 days depending upon the urgency
of the work.
Quotation Notice
For smaller works of estimated value upto Rs.1 lakh,
quotation notice may be floated. This will be similar
to open tender notice except that the BOQ/ NIT is
not sold and the interested parties are asked to
collect the BOQ from the office of the tendering
authority during the specified period of time and
quote their rates duly signed with official seal, The
period of circulation of such notice can vary from 5 to
10 days depending upon the value and
urgency of work.
Tender document
 Notice inviting tender
 Detailed tender notice
 General terms & conditions
 Additional terms & conditions, if any
 Specifications
 Scope of work/ schedule of work/ bill of quantities
 Tender drawings
 Standard formats like bank guarantee and articles of
agreement
Process of tendering
 Publication of notices inviting tender
 Issue of tender documents
 Procedure of submission of tender bids
 Submission of affidavit by the bidders
 Receipt and acceptance of tenders
 Opening and evaluation of tenders
 Recommendation for award of work
 Acceptance of offer
 Commencement and execution of work

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Estimating Costing Tender Types Procedures

  • 2. Tendering Tendering is the administrative procedure of sending out drawing and bills of quantities or specifications to contractors for them to state their prices for all the items of one contract.
  • 3. Types of Tender  Turn-key tenders  Limited Tenders  Open tenders  Short tenders  Quotation notice
  • 4. Turn-key tenders  The intention behind turn-key contracts is to entrust the contractors with the entire responsibility of detailed investigation , planning, design, construction and commissioning of the total project.  design and construction of Water Treatment Plants  Sewage Treatment Plants  Washeries  Workshops  Underground and Overhead Water Tanks
  • 5. Limited Tenders In case the work is of a specialized nature/ very urgent nature with strict time frame and stringent quality requirements, limited tenders amongst registered/ working contractors or known agencies of repute may be invited with the competent approval, depending upon the value of work.
  • 6. Open Tenders This is the normal procedure of tendering where tenders are invited from the parties under a given set of terms & conditions regarding their past experiences, present status, credibility and other conditions which may be included in the NIT for a particular tender depending upon the requirement of work. The minimum time for submission of tender and extent of publicity to be given are elaborated in the relevant clauses.
  • 7. Short Tenders For smaller work of estimated value upto Rs. 5 lakhs open short tenders may be invited. This type of tender notice is similar to open tender notice with the exception that the time of circulation can be reduced to a minimum of 5 days depending upon the urgency of the work.
  • 8. Quotation Notice For smaller works of estimated value upto Rs.1 lakh, quotation notice may be floated. This will be similar to open tender notice except that the BOQ/ NIT is not sold and the interested parties are asked to collect the BOQ from the office of the tendering authority during the specified period of time and quote their rates duly signed with official seal, The period of circulation of such notice can vary from 5 to 10 days depending upon the value and urgency of work.
  • 9. Tender document  Notice inviting tender  Detailed tender notice  General terms & conditions  Additional terms & conditions, if any  Specifications  Scope of work/ schedule of work/ bill of quantities  Tender drawings  Standard formats like bank guarantee and articles of agreement
  • 10. Process of tendering  Publication of notices inviting tender  Issue of tender documents  Procedure of submission of tender bids  Submission of affidavit by the bidders  Receipt and acceptance of tenders  Opening and evaluation of tenders  Recommendation for award of work  Acceptance of offer  Commencement and execution of work