Showing posts with label Auction Tenders. Show all posts
Showing posts with label Auction Tenders. Show all posts

Thursday, 1 August 2013

Types OF Tenders?

There Are Various Types of Tenders, Some of Them are listed Below;

# Open TenderIn Open Tender anyone can Participate. The Participant has to ensure that they fulfill the Minimum Pre-Qualification criteria specified in the tender document to Qualify. If they do not meet the Pre Qualification criteria, their bid will be Rejected & they will loose the document fees they have paid. It is Necessary that Open Tender is Advertised in NewsPaper. The Lowest Bidder or L1 Generally wins the Contract.



# Closed Tender -
In Limited Tenders, Only Pre Qualified or EmPanelled Bidders are allowed to Participate. As Limited Tenders are not Advertised in Newspapers, other Bidder Generally do not come to know that such Tender is Floated. The Lowest Bidder Generally wins the contract.

# RFI or Request for Information - Similar to RFP
# EOI - Expression of Interest - Similar to RFPRFQ or Request for Quote - In RFQ, a company has to submit their best offer & on the basis of this Decision the contract is awarded. 
RFP or Request for Proposal - In RFP a company is supposed to submit only the Technical Proposal.

NCB or National Competitive Bidding - In Such Tender only Local or Indian Companies can Participate. Companies Registered in other Countries cannot participate.
ICB or International Competitive Bidding - In such tender companies from outside India can also participate in Indian Tenders.

# Singe Envelope Bidding - In such Tender both Technical Bid & Price bid is submitted in a same envelope. Both Technical & Price Bid is opened simultaneously & bid is awarded on the spot.

# Multiple Envelope Bidding - In such Tender, EMD is submitted in 1st Envelope, Technical Bid is Submitted in 2nd Envelope & Price Bid is submitted in 3rd envelope. If required pre qualification bid can be submitted in separate envelope.First EMD envelope & pre Qualification envelope is opened. Than Technical envelope of only those bidders who pre qualify is opened.
In last those who are found technically qualified, their price bid is opened.

# Pre Bid Meeting - In some tenders which are of high value pre bid meeting is allowed. In pre bid meeting, Buyer & Bidders get together & buyer tries to resolve the queries of one or many bidders. The pre bid meeting is scheduled on a specific day, where all bidder can remain present or can post their queries on or before the Pre bid meeting date.

All Queries of those Who are Present or who have Mailed are read out and Clarification is Provided.

# Corrigendum -
If any change/correction is to be made in Tender Notice or Tender Document, the same can be made by issuance of corrigendum. Please note that Corrigendum can only be issued before the due date & time of tender Submission Expires. 
Against a Tender, any number of corrigendum can be issued.


# Addendum - If any new content is to be Incorporated in Tender Document, the same is done by Means of Issuance of Addendum.
However in Many Tenders, it is also done by issuing a Corrigendum Notice.

Please Visit http://www.tradereader.com to view 1 Million Tenders.

Friday, 19 April 2013

Five Things bother future confident the fine Results of the Company’s proposals And Tenders

Normally in Most Business Sectors, the words bid's and tender's are usually used interchangeably to have to do with one thing. Having said that, there can be key dissimilarities between the 2: bids refer to offers made in a opposition from extra companies, while tenders, on the further hand, refer to offers designed instantly to a business.

Having Bids, trader companies will give a service for the condition that competing company’s offers may not be accepted. For tenders, however, a supplier company will still establish support regardless of whether there are rivaling companies or not.

Although there are really a few differences among bids and tenders, things that Businesses should do to be sure the good results of applications happen to be essentially the exact same:
Winning Tender
Start Ahead of time. Creating bid recommendations and tender applications requires a lot of time, hard work, and sources. Thus when your company has been given a provocation to Tender or maybe if you have found a tender that you would like to apply for, you need to start working on your applications instantly.
Be sure to obtain many of the imperative documents regarding the exacting bids and tenders you are interested in to give you ample time to read your companies submission.

Make Certain you comply with the client’s prerequisites. Once you acquire copies of the tender documentation, make sure that you or your tender writing team examine the report thoroughly and appreciate just what the client can be asking for. It is necessary for you to get a distinct image on the client’s demands speedily, as this may reduce the possibilities for mistakes into the prospect. If you make incorrect assumption about the client’s demands, you'll risk developing a bid or tender application that stands no opportunity of being established from the very beginning, basically wasting bounty of time and effort you actually put in creating the Proposal.

Learning the Analysis Conditions. The best way you can be sure that the success of your application is by examining the measure which will be used to assess your Present and creating your Report in Order to reach all of these Conditions.
Tender
Check your Application just before Submitting Documents. Creating and submitting bids and tenders may be challenging and cause you to overlook a few things.

To ensure that you have not missing anything out, make a list of your requirements that should be present in the particular proposal and check your documents from this checklist just before you submit.
Of Course, you should also look out for typographical mistakes and other formatting problems that could endanger the quality of your application.

Submit your Applications Punctually and through the Correct Area.
Bidding and tendering are time-limited Procedures; therefore it’s essential that you pass your Documents Punctually.

Don't forget the due date of your significance and prepare your schedule ahead of time in order to assemble this particular Date.

Saturday, 9 February 2013

Tendering Misgivings - From Answer To Questioning

It is the Job of the Tender Manager to come up with a entire, well-presented and methodically checked response document. It is also important to bring the document in the right method. He or she must also be well versed in the debriefing method. 

The duty f Collating data regarding a tender and then putting together different elements to draft a last response lies with the Tender supervisor.
Once the draft of the tender response has taken shape, the Tender Manager needs to gather all those connected with it and do a final read-through of the document. 


The Implement must Include
  • Checking and rechecking that the tender has been finished as specified by the client; 
  • Checking the enclosures, ensuring that nothing has been gone out; 
  • Affixing a cover letter representative the order of your presentation and a brief depiction of all item; and 
  • Ensuring that the appearance is within the limits regarding number of words and pages. 
The final document must be checked and cross-checked by at least two key personnel. This is important as more tender responses are rejected on the grounds that they do not match to the specific requirements than on the grounds of price or excellence of work.

Management of Tender Reaction
The presentation of a tender document is as important as its content. With a bit of extra care, you can ease the work of the client's evaluator and make your appearance stand out. The evaluator's job is to scrutinize the presentations established and shortlist two or three tenders that will later be thoroughly perused before one is finally selected. A clearly laid out document will have a superior chance of withstanding this inspection. 

Remembering a few points will help in the Presentation 
  • Follow the precise format of the original review when submitting answers. Use the same headings and number order. 
  • Use a reliable font size and style sheet all over the document. 
  • Thoroughly check the document for any grammatical or typographical errors. 
  • The response document should match the page pattern used by the client.
Release
  • Convey the document in being if possible, ensuring that it reaches the intended recipient. Ask for a timed and signed reception. 
  • In case of electronic submission, make sure you have an electronic audit of both its post and its receipt. 
  • If delivering by courier, ensure that the package does not mention the name of your company. 
  • Contact the issuing authority if you do not receive a reply.
Debriefing Development
EU procurement law mandates that the contracting authority must include a minimum standstill period of ten days, which must take place following the unsuccessful bidders have been notify and prior to contract start. It allows unsuccessful bidders to obtain a debrief prior to the commencement of the contract. All tenders over the EU thresholds must be advertised through the authorized Journal of the Asian Union.

Bidders have the right to request a tendering debrief from a contracting authority even if the contract is issued under the EU directions. However, the debriefing process is not as formalized in that case. Bidders may be required to invoke the choice of Information Act to obtain any further information regarding the contract. 

Procurement law clearly lays down the process of issuing a tender, appraise tender responses, debriefing ineffective bidders and presentation the contract, with the objective of ensuring precision in public tenders.

Monday, 21 January 2013

Generating A Attractive Tender Reaction


The way you draft your tender response decides whether you win it or not. A well-prepared tender reply will maximise your chances of success. Read on to learn how to produce a winning response that has what it takes to pass the assessment process.
While publishing tenders, public authorities in the India have to meet contract regulations, making sure that all bidders are given equal opportunity to compete for the contract. Even the banned bidders are mandatorily debriefed about the evaluation, including the reasons why the tenderer was unsuccessful and the relative compensation of the successful tenderer. Following the debriefs, an additional Standstill Period is also required before the announcement of the formal award.

Public sector contracts in the India are required to be compliant with Asian Union regulations which set out the procedures to be followed at all stage of the procurement process. The law requires the authentication of the suitability of tenderers to be made with transparency. To ensure this, selection criteria is clearly mentioned in the tender bid.
 For a Successful Tenders Bid, the bidder must demonstrate an understanding of the roles, responsibilities, liabilities and expectations in the supply process. They must put up a framework to provide and maintain quality services for the quoted price. Possible concerns about future maintenance and staffing implications must be taken into account. They must set reasonable targets and performance measures while planning for risk management. They should give details of the team, emphasising strength and highlighting success with similar projects. You also need to show that you have secured access to any necessary equipment required for the contract. You must be aware of the quality guarantee standards which affect your industry and conform with these.

Your bid must clearly mention how you carry in value for money in procurement. It must be the optimum combination of whole life cost and quality to meet the project's requirements. You need to make it clear how you are going to provide quality, reliability, good design, safety, timely delivery and maintenance while keeping it within budget.

Use your company's accreditations, such as ISO 9001, as an indication of your commitment to quality. If your firm is not officially accredited, provide evidence that you have other types of excellence and training systems in place. You can use any letters of appreciation you may have before received for the similar projects.

If you need an explanation concerning the points mentioned in the tender advertisement, you can request further information from the authority. Do keep in mind that the appearance of information is as important as the content. include a covering letter with your response toward the procurement bid, summarising your message and clarification the organisation of the documents. Before you submit, check you have signed each page as required.
Place your tender response in a package which does not name your company. Make sure that your franking machine does not print the name of your enterprise and that the courier does not attach a label displaying any such information. You are also advised to never withdraw from any period of the tendering process without offering a complete written justification.

Draft your online tenders response, trying to optimise it for a winning bid. How you supply and prepare your tender response is a crucial factor behind your success.

Wednesday, 16 January 2013

Agree to Us Notice How Tender Website Works


Customers from around the Globe are looking to get concerned in online sales to get the top of the contracts of their jobs. Great level self-governing companies are regularly decreasing in number so you can use a public tender to find suitable job opportunities and apply for the contract.

You will find many Internet sites committed were created to be fast to find deals. If you are confused about which site should be followed, it is simple to make an clever decision and cost by using some common factors that are required for these sites. If a site is most of your needs, you can become the premier business opportunities and exciting new.
Proposal And Contract
The first thing you must look for in a site is the general collection of tender documents in its database. Any bidding site that has a large number of agreement documents should be your first choice. These sites allow you to increase your business opportunities and apply for diverse alternative offers if a negotiation does not work.

A good web site will have a merge of chance, including the public sector so they do not have to keep looking at divide sites to get an overview. All you need do is register on the site and watch the opportunities for you will find number of government tenders website where you can bid.

Lest us at Present how these services effort:-
By applying automated workflows and generating template-based documents, bidding information services simplifies the procurement process.

Every morning bidders meet the specific quarter of that area website or the world, with a recommended state for the model making software, which are introduced into the main database. Bids are ranked according to the area with  and the department along with RFQ.

Tenders and members are recorded according to their area and branch. By keeping this information from these services are able to match offers to members, ensuring that members receive only the offers essential - relevant to where they can offer their service / product/ RFQ online. Members can recommend more than one contact to receive e-mail or mobile alert notification.

Profits:-
Tender information services keep you informed on all new offers of your choice. More and more of notice, also to share with you Corrigendum to tender the declaration of objections, Minutes of Pre Bid meeting and auction results when available. You can choose to receive daily alerts by email or access their website if you are always moving. If you want the best of both worlds, you can go for the plan of grouping also.
How To Use:- 
  • First and important select the site that best suits your constraint.
  • Secondly register yourself on the selected site, by paying their subscription.
  • In the third step you need to inform them your product name and name of Government customer / organization, in which you are concerned, they will start sending information regarding 'New TENDERS through SMS ALERTS!!! on your mobile phone, as well as followed by e-mail attentive.

The final step in determining a suitable for your needs is to be announced new tenders proactively to you without your need to seek. The major online portals dedicated to the service will allow these automatic alerts daily via e-mail means that you do not have to maintain control of the sites on a regular.


All these features can improve the prediction for new contracts and allow sites that deal with the offers to serve as an particularly successful proposal between the two sides of the negotiation.

Wednesday, 2 January 2013

Top Secret Of A Winning Tenders Claim


For Various businesses, responding to tender opportunities is an effective way to acquire new and profitable contracts.
There are millions of dollars presented through government and commercial tender opportunities each year. It is just a topic of finding the right one for your business and writing a quality tender offer that will pass panel appraisals.

Securing a tender is a difficult method and some businesses choose to acquire the expertise of a tender writer to help them arrange a competitive tender proposal. In this article, we share some secrets on how to write a professional tender application that can help you get a enhanced chance of winning the tender for your business.

1. Methodically research the organisation offering the tender. central and state government departments, local councils and major public and private companies commonly call for bids or tenders for products and services that will help them carry out their projects. Each organisation will have diverse visions, goals, criteria and requirements for the tender. make certain that you only apply for tenders with measure and requirements that closely match the capacities of your business.

If you are uncertain of where to look for tender opportunities, consult a professional tender writer. Tender writers can help you locate and identify the most relevant tender opportunities for your business.

2. Approach the organisation with common sense and courtesy. If you identify someone that has a position within the organisation, ensure that you still respect and use the recognized channels for submitting a tender application. now because you know someone in the organisation does not mean that you can go around established channels, protocols and processes.

3. Individualise your tender responses. Do not send the similar tender application if you are submitting to a number of different organisations. Tailor your tender response according to the criteria and requirements of the organisation offering the tender opportunity but without changing the visions, goals and objectives of your business.

4. Present a clear and concise budget or pricing strategy that will pass public scrutiny. Never inflate your budget or pricing request. Remember, tender assessors are looking for value for money and that is what you should provide. Also, make sure that you are able to deliver on the requirements of the tender at the budget or pricing you offer.

5. Present all information clearly and briefly. An imperative perform of an effective tender writer is to read all application guidelines and respond to them thoroughly. To ensure that you have responded to each question or criteria in full, it will help to break down the questions into subsets or components. Then, answer each subset comprehensively.

6. Include factual information and evidence such as demographic data or success rates from published studies and product specifications to support your tender response. These facts will show that you have prepared your application impartially. Never expect emotions or grace in your writing to hide weaknesses in your response.

7. Successfully securing a tender is more than just the actually writing and the formatting of the tender application. It is also important to show that you have a business plan in place which shows that your organisation has the vision and goals of a professional business. You must also be able to give the organisation providing the tender the confidence that if your business wins the contract, you will be able to deliver exactly what the tender requires at the price you offer.
Some Last Words
Tender writing can be a time consuming and highly complex task. It requires a considered response that will be subject to general panel assessment. If your business does not have the expertise to write tenders, it would be helpful to employ the services of a professional tender writer. A tender has the skill and experience in preparing and writing quality tender applications. Working with a professional tenders writer can help you in finding and winning the most applicable tender opportunity for your business.

Monday, 31 December 2012

Rising Real Estate Business and Auction Tenders


Real estate industry has experienced immense growth during the last couple of decades. Rapid urbanization coupled with population explosion and industrialization has bring up extraneous pressure on land resources in the country. Land auction tenders are often floated in order to attend to the requirements of the community and economy at large. Such tenders are often floated by government or the local authorities for development projects or for any other purposes. Similar tenders are also floated by other agencies under government as well as by corporate houses from time to time. Bidders should however understand the legal requirements of the state where such tenders are proposed so that there are no complicated in future.
 
During the last couple of decades real estate tenders industry have grown considerably. Population explosion on one hand, elimination of joint family systems giving birth to multiple new families, and rapid urbanization on the other hand has resulted in growing demands for land. Unlike other properties land is something that is static. Prices of land are rising incessantly and this has given increase to number of land sale tenders in the market.

For businessmen, land deal tenders offer attractive good opportunities for entrepreneurs irrespective of their respective sizes and capabilities. People who can deal successfully with the tenders will always have important scope for creation profits and promoting their business.
 
Land Sale Tenders Opportunities Following are the major sources of tenders that are floated for sale of land. In India, land is a subject matter of state list. Hence it is the respective state governments that hold the rights over land in the state. Government often floats land sale tenders for residential, industrial, and commercial purposes. Of course the rates, regulations, and procedures will vary in each case of land sale tenders. On the other hand industrial houses and builders are the largest buyers of land on sale. Industries require land for setting up their industries, factories and such other units whereas builders require land for running their real estate business.
Requirements for Bidders who aspiration to bid for lands have to take care of certain features. First of all they have to understand the legalities concerned in the process. Other legal requirements involved are the state laws relating to buying and selling of land. normally all transaction is to be carried out with a registered device as required under the Transfer or Properties Act 1882 and Indian Registration Act 1917. Land sale tender may also have other legal requirements depending on the local legislations.
Bidding for Government and Private Lands Bidders in respect of government lands have to pay premium as decided by government. On the other hand for other types of lands it is usually the market value that is to be paid. Other legal requirements for audience the land Auction Tenders would be licensing and the permission of the planning and development establishment under whose authority the area comes.


Find latest online tenders from India completely free. TradeReader is the largest tenders database in India.

Saturday, 22 December 2012

How to Top For Sever a Tender?

Writing a tender means putting in a bid. It is a statement of intention to finish a project for a company at a accurate rate.

Writing a tender means putting in a bid. It is a statement of intention to finish a project for a company at a particular rate. It is very basic for companies to win these bids to keep their income flowing.

Tenders
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This will Facilitate the Companies to continue to win jobs and create huge income. All the successful businesses should learn how to write a tender well particularly if they wish to work with the local government. If companies want to write a tender in an valuable way, they should first learn the reason for which a tender is written and what a winning bid includes.
The reason to write a tender or bid is to let the requesting party know how your company will stand up to their expectations and achieve the objectives. The main purpose of a tender is to tempt the commissioning company to select the services of one company. The bid should have a reasonable price and provide good services according to the time decided to win the bid. The price can be negotiated after the businessmen notify the commissioning company about their plan to attain the goals in the request.
Online Tenders
If a business wins a bid, it will be held officially responsible to perform the services according to the prices quoted on the bid. The companies are expected to work as specified in the bid before the deadline. In case a company is not good at writing tenders, it should take help from a professional. There is no set method of writing a tender. It should be able to clarify the company's perspective in solving a problem.
Your bid should be comprehensible and complete. You should introduce your company at the starting of the bid. You should also reveal about your main clients and the inception of your company. After that, you should inform the commissioning company how you will solve the client's issues. You have to stand out from the other companies. Most highly, take ample time to write the bid. Bid only on something which would match your company's profile. Also, be sure that you will be able to do the job in the prearranged time and within your budget.
This will make easy the companies to Continue to win jobs and create huge income. All the successful businesses should learn how to write a tenders well particularly if they wish to work with the local government. If companies want to write a tender in an effective way, they should first learn the reason for which a tender is written and what a successful bid includes.
Tender Notice
The reason to write a tender or bid is to let the requesting party know how your company will stand up to their expectations and achieve the objectives. The main idea of a tender is to tempt the commissioning company to select the services of one company. The bid should have a reasonable price and provide good services according to the rate decided to win the bid. The price can be negotiated after the businessmen inform the commissioning company about their plan to accomplish the goals in the request.
If a business wins a bid, it will be held legally responsible to execute the services according to the prices quoted on the bid. The companies are expected to work as specified in the bid before the deadline. In case a company is not good at writing tenders, it should take help from a professional. There is no given method of writing a tender. It should be able to explain the company's perspective in solving a problem.
Your bid should be comprehensible and complete. You should introduce your company at the starting of the bid. You should also mention about your main clients and the initiation of your company. After that, you should inform the commissioning company how you will solve the client's issues.
TradeReader is a biggest Tenders marketplace and Tender portal in india.
Connecting Global buyers to indian manufacturers, Suppliers and Exporters for the Products which their needs.
More information at -www.tradereader.com

Monday, 17 December 2012

Value of Global Tenders in the Global Scenario

International or Global tenders are speedy gaining prominence in the world that practices commercialization and globalization. The rising development of the internet and e-commerce has more added to the development and popularization of global tenders. Global tenders encompass latest worldwide tenders notice, competitive bids and effective trade leads. The global market is an field not only for the large scale enterprises but also for the small and average enterprises to enlarge and explore their business expertise.

Reasons for the Popularization of Global Tenders
Globalization: Wide increase globalization is one of the main reasons for the upsurge of global tenders which has led to the growth of business parameters to an international level.

geological restrictions: Through the international tenders, majority of the business enterprises have the opportunity to develop business away from the geological boundaries of the country. Bidding and winning tenders in an international arena may be a bit difficult but not impossible today.
Global Tenders
Small and middle enterprises: Through free worldwide tenders, even the small and medium enterprises have gained access to an global level of business transactions. Both the small and medium enterprises have benefited immensely during the development of global tenders.

numerous websites: right now, there are many genuine and reliable websites that showcase some of the live worldwide tenders from countries all over the world. Although searching for an international tender is not an easy task, with better technologies and scientific developments, it is easy to find an fitting tender and bid for them effectively. The latest worldwide tenders floated in many of the websites at this time showcase products and services from different countries all over the world.

Large variety of choices: With worldwide tenders, companies have the improvement of choosing from tenders released by private agencies, government and semi-government agencies.

Updated information: Although worldwide tender bids, notices and other relevant data can be obtained from trade journals, bulletin boards, TV and other media, most of the people prefer to develop the information posted in most of the online websites that are authentic and reliable. Utilizing the information on the internet has many other advantages with updated data relating to tenders, cost effective transactions and information relating to tender notices and bids.
International tenders are fairly vital for global businesses and so there are quite a number of websites which provide free global tenders. Relevant information pertaining to the floated free tenders with massive databases is also showcased in most of the genuine websites.

Online Tenders
How To Win Tenders?
For tenders to attract an immediate response, it is important for it to be well framed and written. All the necessary requirements and details planned by the agency should be mentioned clearly and precisely in the tender document. Basic and pertinent details relating to products and services should be mentioned in the document.

Mentioning earlier credentials is also an excellent idea as it will improve the reliability and the genuineness of the bidder. It is also necessary to mention the price and the resources to be utilized to fulfill the requisites mentioned in the tender. Finally the totaling of a covering letter will augment the chances of winning a tender bid.