PHASE WISE JOURNEY
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Tendering Process:
Once the Feasibility Report is approved, you can move to the next Stage of Tendering/ Bidding to invite bids from interested Developers. Based on the findings of the Feasibility Study, you may instruct your PMC to prepare Tender Documents in a Two-Bid System viz. Technical Bid & Commercial Bid. The main steps in this process are as under:
1. Preparation of Tender Documents
2. Discussions & Modifications to Tender
3. Approval of Tender in SGBM
4. Float Tender with Press Notice
5. Sale of Tenders
6. Pre-Bid Meeting
7. Issue Amendments, if any
8. Receipt of Bids
9. Opening of Bids
After the bids are opened, the Project will move to the next Stage of Evaluation of Bids.
This Process of Tendering may normally take about 4 months. However, if the bidders are required to submit tentative plans with their bid, it may take 5 months. Its step-by-step process is given in its Roadmap. We are also developing several ready-to-use standards for this Stage, which you can use as guideposts or references. ...
1. Preparation of Tender Documents
2. Discussions & Modifications to Tender
3. Approval of Tender in SGBM
4. Float Tender with Press Notice
5. Sale of Tenders
6. Pre-Bid Meeting
7. Issue Amendments, if any
8. Receipt of Bids
9. Opening of Bids
After the bids are opened, the Project will move to the next Stage of Evaluation of Bids.
This Process of Tendering may normally take about 4 months. However, if the bidders are required to submit tentative plans with their bid, it may take 5 months. Its step-by-step process is given in its Roadmap. We are also developing several ready-to-use standards for this Stage, which you can use as guideposts or references. ...
Evaluation & Selection Process:
After opening the bids, they shall be handed over to your PMC for scrutiny. The PMC shall scrutinize/ evaluate the bids based on different criteria such as experience, financial capacity, projects completed, commercial offer etc and prepare a Detailed Comparative Statement and a Bid Evaluation Report. Thereafter, a process of evaluation and shortlisting may be undertaken through the following process, finally leading to selection of a suitable Developer:
1. Comparative Statement of Bids
2. Evaluation and Rating of Bids
3. Joint Meetings, Negotiations
4. Financial Due ...
1. Comparative Statement of Bids
2. Evaluation and Rating of Bids
3. Joint Meetings, Negotiations
4. Financial Due ...
Tender Documents:
Tender Documents form a very important basis for selection of a Developer and therefore they should be detailed, comprehensive and unambiguous. Broad contents the Tender Documents may be as follows:
Technical Bid:
1. Tender Notice, Instructions to Bidders
2. Process of Bidding, Evaluation, Selection
3. Info & Docs regarding Plot, Existing Units, Project
4. Info to be Provided by Bidders with Checklist
5. Scope of Work & Time Frame
6. General Conditions of Contract
7. Special Conditions of Cont ...
Technical Bid:
1. Tender Notice, Instructions to Bidders
2. Process of Bidding, Evaluation, Selection
3. Info & Docs regarding Plot, Existing Units, Project
4. Info to be Provided by Bidders with Checklist
5. Scope of Work & Time Frame
6. General Conditions of Contract
7. Special Conditions of Cont ...
Bid Evaluation Report:
While a Comparative Statement can present bidders’ responses in a tabular form, a Bid Evaluation Report based on a numerical rating model can provide much more insight and help in decision making.
Bids may be evaluated under different Sections such as the following:
Technical Bid:
1. Technical Aspects of Proposal
2. Status of Firm
3. Projects Completed & Under Construction
4. Financial Capability
5. Adh ...
Technical Bid:
1. Technical Aspects of Proposal
2. Status of Firm
3. Projects Completed & Under Construction
4. Financial Capability
5. Adh ...