Don't ignore fixed costs such as wages for staff who could be working on something else. Consider the possibility that certain information filed in connection to a tender could be subject to disclosure under the Act respecting access to documents held by public bodies and the protection of personal information. Contract management - show you have the resources to do the work in a cost-effective way to meet the client's needs, hit deadlines and respond flexibly to changing situations.
Show you've thought about - and can manage - potential financial, commercial and legal risks that could cause contract failure. Give details of your team. Emphasise strengths - CVs should highlight successes with similar projects as well as qualifications and experience. Who gathers information and does research? Who co-ordinates all the material you need? Who writes the drafts? Who checks them?
How will the rest of your firm's work get done? Keep sentences and paragraphs short, punchy and businesslike. Use bullet points and headings to break up text. Decide on a typeface, layout and type size - not too small - and stick to them. Make sure everything is standardised. Are CVs all presented in the same way? Be careful when cutting and pasting copy to make sure the format stays the same. Make sure you've developed a logical argument and that everything hangs together.
Read everything again. Then get a colleague to read it - for meaning, typing mistakes and omissions. Use appendices for supporting additional information. Produce a front cover with the project title, date, name of the organisation requesting the tender, and that of your own firm.
Include a contents page. Number paragraphs and provide a contents page so material can be easily located. Consider getting it printed and bound professionally. Share on:. Need help? Our qualified agents can help you. Contact us! Our Services Telephone: Create my account. Save as otherwise provided hereinafter, the procuring agencies shall use open competitive bidding as the principal method of procurement for the procurement of goods, services and works.
Open competitive bidding. Submission of bids. Bidding documents. Where notification of such change, addition, modification or deletion becomes essential, such notification shall be made in a manner similar to the original advertisement. Provided that bidding documents already in use of procuring agencies may be retained in their respective usage to the extent they are not inconsistent with these rules, and till such time that the standard bidding documents are specified by regulations.
Reservations and preference. Bid security. The procuring agency may require the bidders to furnish a fixed amount of bid security not exceeding five percent of the estimated value of procurement determined by the procuring agency:. Provided that in case where the procuring agency does not require the bid security, the bidder shall submit bid securing declaration on the format prescribed by the Authority in Standard Procurement Documents.
Bid validity. However under exceptional circumstances and for reason to be recorded in writing, if an extension is considered necessary, all those who have submitted their bids shall be asked to extend their respective bid validity period.
Such extension shall be for not more than the period equal to the period of the original bid validity. Extension of time for submission of bids. Where a procuring agency has already prescribed a deadline for the submission of bids and due to any reason the procuring agency finds it necessary to extend such deadline, it shall do so only after recording its reasons in writing and in an equal opportunity manner.
Advertisement of such extension in time shall be done in a manner similar to the original advertisement. Opening of bids. Bids shall be opened at the time specified in the bidding documents. The bids shall be opened at least thirty minutes after the deadline for submission of bids. The procuring agency shall read aloud the unit price as well as the bid amount and shall record the minutes of the bid opening.
All bidders in attendance shall sign an attendance sheet. All bids submitted after the time prescribed shall be rejected and returned without being opened. Evaluation criteria. Procuring agencies shall formulate an appropriate evaluation criterion listing all the relevant information against which a bid is to be evaluated. Such evaluation criteria shall form an integral part of the bidding documents.
Failure to provide for an unambiguous evaluation criteria in the bidding documents shall amount to mis-procurement. Evaluation of bids. Save as provided for in sub-clause iv of clause c of rule 36 no evaluation criteria shall be used for evaluation of bids that had not been specified in the bidding documents. The rate of exchange shall be the selling rate, prevailing on the date of opening of bids specified in the bidding documents, as notified by the State Bank of Pakistan on that day.
Clarification of bids. However the procuring agency may seek and accept clarifications to the bid that do not change the substance of the bid. The response to such request shall also be in writing. Discriminatory and difficult conditions. Save as otherwise provided, no procuring agency shall introduce any condition, which discriminates between bidders or that is considered to be met with difficulty. In ascertaining the discriminatory or difficult nature of any condition reference shall be made to the ordinary practices of that trade, manufacturing, construction business or service to which that particular procurement is related.
Rejection of bids. The procuring agency shall upon request communicate to any supplier or contractor who submitted a bid or proposal, the grounds for its rejection of all bids or proposals, but is not required to justify those grounds. Announcement of evaluation reports. Provided that in case where technical proposal is to be evaluated separately, prior to opening of financial proposal, the technical evaluation report shall be announced before opening of the financial proposal.
Procedures of open competitive bidding. Save as otherwise provided in these rules the following procedures shall be permissible for open competitive bidding, namely Each bid shall comprise one single envelope containing, separately, financial proposal and technical proposal if any.
All bids received shall be opened and evaluated in the manner prescribed in the bidding document. Each envelope shall contain separately the financial proposal and the technical proposal;. The financial proposal of bids found technically non-responsive shall be returned un-opened to the respective bidders; and. Provided that such revisions, deletions, modifications or additions are communicated to all the bidders equally at the time of invitation to submit final bids, and that sufficient time is allowed to the bidders to prepare their revised bids:.
Provided further that such allowance of time shall not be less than fifteen days in the case of national competitive bidding and thirty days in the case of international competitive bidding;.
Provided that in setting the date for the submission of the revised technical proposal and financial proposal a procuring agency shall allow sufficient time to the bidders to incorporate the agreed upon changes in the technical proposal and prepare their financial proposals accordingly. Provided that in setting the date for the submission of the revised technical proposal and supplementary price proposal a procuring agency shall allow sufficient time to the bidders to incorporate the agreed upon changes in the technical proposal and to prepare the required supplementary financial proposal; and.
Conditions for use of single stage two envelope, two stage and two stage two envelope bidding procedures. Single stage one envelope bidding procedure shall ordinarily be the main open competitive bidding procedure used for most of the procurement. Your Privacy Rights. To change or withdraw your consent choices for Investopedia. At any time, you can update your settings through the "EU Privacy" link at the bottom of any page.
These choices will be signaled globally to our partners and will not affect browsing data. We and our partners process data to: Actively scan device characteristics for identification. I Accept Show Purposes. Your Money. Personal Finance. Your Practice. Popular Courses. What Is a Bidder? Key Takeaways In a market, a bidder is a party offering to buy an asset from a seller at a specific price. Probably the most common type of market in which there are bidders is an auction; an auction is a public sale in which goods or property are sold to the highest bidder.
The market for mergers and acquisitions is also a bidding market wherein companies negotiate how much they are willing to pay to acquire another business. Compare Accounts.
The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.
What You Need to Know About Auctions An auction is a sales event where buyers place competitive bids on assets or services. Read the pros and cons of buying and selling through auctions. Maturity by Maturity Bidding MBM A maturity by maturity bidding MBM is a bond auction that allows bidders who are underwriters to submit bids for selected maturities in its issue.
What Is a Best Bid? Hit The Bid Hit the bid is a buzzword used to describe an event where a broker or trader agrees to sell at a bid price quoted by another broker or trader. Bid Definition A bid is an offer made by an investor, trader, or dealer to buy a security that stipulates the price and the quantity the buyer is willing to purchase.
0コメント