Bidding Process

The process of tendering involved some kind of complicated procedures unlike with E-Procurement Software. Before any tendering process can be done, a professional team must be ready with all the tendering documents to check and approve it. The source of funding must also be available and the project financing should be put in place. The government projects are usually made open tenders in order to ensure that the procurement and works to be done in a fair manner without prejudice. With the involvement of information and communication technology the tendering process has been much simplified.

The 5 main steps in the e-tendering process include:

1. The Tender Process is Determined:
How to register for e tendering? The organization which requires the tender will determine the type of tender that will be used, and what will be involved in the process
• Expressions of Interest (EOI)- used to shortlist potential suppliers before seeking detailed offers.
• Request for information (RFI) – used in the planning stage to help in defining the project however not used to select suppliers.
• Request for proposal (RFP)-used where the project requirements have been defined, but an innovative and flexible solution is required.
• Request for Quotation(RFQ)-invites businesses to provide a quote for the provision of specific good or services
• Request for tender-an invitation to tender by public advertisement open to all suppliers.

2. Request for Tender is Prepared:
The tender request includes what is required, the requirements of the contract and how you should respond. These are an invitation to the suppliers to provide a competitive offer to win a contract for the supply of their products or services. Elements for tender request include:

• Description of the good and services to be procured.
• Conditions of Tender.
• Evaluation Process.
• Submission content and format.
• Process rules and information.
• Conditions of Contract.

3. Tenders are invited:

The tenders are invited as a part of the online tender submission procedure depending on the value, complexity and business category. Your ability to identify opportunities in the competitive tender market Is a crucial part of achieving success. Tender advisory services and online information systems are a great place to begin your research.

4. Evaluation and Selection:
Each tender will be checked for compliance and then evaluated across the criteria specified in the tender documentation. The tender, which offers the best value for money, will win the business.
If any tender does not meet this initial check they will be excluded.
Hence, it is important to ensure that you adhere to requirements and meet all criteria in order to increase the chances of winning the tender.

5. Contracts Established and Managed:
Generally, a formal agreement will be required between the successful tender and the relevant agency. Once you are notified of the success of your tender and have awarded the contract, it is important to meet all requirements and manage the contract effectively.
It is important to maintain ongoing and open communication with the contracting organization so that you can build a strong and sustainable relationship.

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Muncipal Corporation Ludhiana floats tenders for outside media project

After reducing the reserved price, the MC has floated recent tenders to ask bids for the outside media devices project.

The MC has invited technical and final bids through e-auction platform from outside media agencies on DBOMT (design, built, operate, maintan and transfer) basis for seven years.
This time, the reserve worth of the tender is Rs 27.15 crores annually. Advertisements are going to be displayed at around 3,700 points within the town. The outside media devices embody unipoles, LEDs, gantries, bus queue shelters, kiosks et al.

The reserve price of the previous tender was Rs thirty crores. The previous tendering method had remained unsuccessful because the corporations had not shown any medical pharmaceutical industry interest within the project. Technical bids may be placed on-line by Nov nineteen. These bids are going to be opened on Nov twenty. the final bids through e-auction may be placed from Nov 27-December four.

Notably, the Municipal Corporation has didn’t implement the new promotional material policy — The Punjab Municipal corporation outside promotional material Policy 2018 — in a very right manner. The responsibility of officers was mounted, however they didn’t act against the felonious advertisements within the town. there’s no check on damage being done by leaders of varied political parties.

Bid Extension for 160 MW Solar-Wind Hybrid Tender with Storage. SECI

In the recent past, SECI has issued various notifications extending varied bid submission deadlines for its floated tenders.

USTDA to Support forty one MW Wind-Solar Hybrid Project in Andhra Pradesh

The solar power Corporation of India (SECI) has extended the bid submission point in time all over again for one hundred sixty MW of solar-wind hybrid power project with battery energy storage system {BESS} at Ramagiri, placed in Anantapur district of Andhra Pradesh.

The new bid submission point in time is November 2, 2018. The bid can open on a similar date.This is the second bid extension for this tender. Earlier, it had been revised from October one, 2018 to October ten, 2018.

Recently, SECI had amended the tender. consistent with the change, the proportion of necessary spare modules equipped from among the country has been inflated from zero.25 p.c to zero.50 p.c of the overall offer of solar modules.

In the new pointers, each solar management unit (SMU) input are given fuses on each positive and negative sides. just in case of negative grounded system, fuse at the positive aspect solely is appropriate.

It had conjointly processed that the solar and DC cables should have IS 7098-1/IS 7098-2 certification.

The project is being developed below the ‘Innovation in solar energy and Hybrid Technologies Project’ and SECI had applied for funding from the world Bank. a vicinity of the grant can go towards the Ramagiri project.

SECI has issued various notifications recently, extending varied bid submission deadlines for its floated tenders.

For instance, the bid submission point in time for fitting of ten GW of ISTS connected solar PV power comes joined with three GW (per annum) solar producing capability has been extended for the third time November twelve, 2018.

Similarly, it’s extended the bid submission point in time for 129 MW (AC) of solar PV power projects that are to be developed at varied locations of Singareni Collieries Company restricted (SCCL) placed within the state of Telangana.

It has conjointly extended the bid submission point in time for fitting one hundred fifty MW (50 MW x 3) of grid connected floating solar energy comes at Rihand Dam (also called Govind Ballabh Pant Sagar Reservoir),placed in Sonbhadra district of Uttar Pradesh to October twenty five,2018.

How to Find Tenders Online

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Apart from Information we also aid business in bid facilitation and advisory. We help them through procuring and submission of the bid document on our clients behalf. No matter what industry you are into our bid advisory team can work with you guiding you from bid-no-bid decision to actually bidding for tenders and submission.

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