Serial Tendering Advantages And Disadvantages
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Two-stage tendering is similar to the because the technical and financial proposals are submitted separately, but one before the other, rather than simultaneously. A key feature of this procurement method is that the submission of proposals takes place in two stages. Another, that bidders can assist in defining the technical requirement and the scope of work. Two-stage tendering is used for the procurement of goods, services and construction works, and there are several ways in which the process may be carried out.
Types Of Tenders And Tendering Process Construction Essay. 2888 words (12 pages) essay in Construction. Selective tender, negotiated tender, serial tender and term tendering. Client does not bind to accept the lowest or any offer. The advantages and disadvantages of open tender are stated below: Advantages. Discuss the advantages and disadvantages of each method. Serial Tendering ( ) Contractor Selection Selecting a contractor is such an important part of the construction process that it is well worth investing plenty of time and resources in the task. Contractor Selection.
Two of the most common are illustrated below: 1.The first procedure is as follows: (i) The first stage is used for determining responsiveness to the request for offers and for clarifying and reaching agreement on the technical specifications. In this first stage, bidders are requested to submit a technical proposal with their best solution for fulfilling the requirement. The proposal is evaluated and scored, and the firm with the highest ranked technical proposal invited for discussions with the purpose of reaching agreement on the proposed technical solution. (ii)Stage two is for receiving the final offer of the technically highest ranked firm. This process is very similar to the quality-based selection (QBS) procedures used to request proposals from consulting firms when the Terms of Reference are difficult to define under highly specialized and complex requirements. In this second stage, if an agreement is reached, the technical specifications or terms of reference are finalized and the highest ranked firm is invited to first submit a financial proposal based on the agreed technical solution, and then to contract negotiations.
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2.The second procedure is the following: (i) Under this modality of the procedure, in the first stage prospective bidders are requested to submit proposals on a partially developed technical specifications, and they are expected to contribute to the completion of the technical specifications and provide a methodology and work plan for carrying out the assignment. The technical proposals submitted are evaluated for responsiveness to the solicitation documents. A clarification and discussions meeting is held with all responsive bidders, and minutes of this meeting are prepared and distributed to all responsive bidders.