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  2. Invitation to tender - Wikipedia

    en.wikipedia.org/wiki/Invitation_to_tender

    A tender announcement from the Indonesian Ministry of Finance. An invitation to tender (ITT, also known as a call for bids [1] or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been ...

  3. Construction bidding - Wikipedia

    en.wikipedia.org/wiki/Construction_bidding

    Construction bidding is the process of submitting a proposal to undertake, or manage the undertaking of a construction project. The process starts with a cost estimate from blueprints and material take offs .

  4. Tender notification - Wikipedia

    en.wikipedia.org/wiki/Tender_Notification

    A tender notification is the publication and circulation of procurement opportunities by the procuring entity in various media like: Newspapers, purchasers's own website and government tender bulletin etc. The main objective of wider publicity is to make these opportunities available to a wider supplier community, increase the competition and ...

  5. Request for proposal - Wikipedia

    en.wikipedia.org/wiki/Request_for_proposal

    An RFI, however, is not an invitation to bid, is not binding on either the buyer or sellers, and may or may not lead to an RFP or RFQ. A request for quotation (RFQ) is used when discussions with bidders are not required (mainly when the specifications of a product or service are already known) and when price is the main or only factor in ...

  6. Early contractor involvement - Wikipedia

    en.wikipedia.org/wiki/Early_contractor_involvement

    In traditional construction contracts (known as design–bid–build contracts) the principal contractor is only engaged when a detailed design is complete. An invitation to tender is published and a number of contractors will price the construction of the design, from which a single winner will be chosen to complete the works. Contractors are ...

  7. Construction Manager Cover Letter - AOL

    www.aol.com/news/2010-07-01-sample-cover-letter...

    Ryan needed a cover letter that showcased his ability to work on projects of a large scale and scope and consistently complete projects on-time and on-budget. In addition, Ryan is LEED certified ...

  8. Lump sum contract - Wikipedia

    en.wikipedia.org/wiki/Lump_sum_contract

    Obtaining construction loans are easier with this type of contract. [9] [8] The profit margins and percentages are greater for engineers and contractors. [8] [9] Payments and instalments are made on regular basis which provides the contractor with a reliable cash flow. [8] [9] Management of the contract is a lot easier for the owner. [8] [9]

  9. Bill of quantities - Wikipedia

    en.wikipedia.org/wiki/Bill_of_quantities

    A bill of quantities is a document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized. It also (ideally) details the terms and conditions of the construction or repair contract and itemizes all work to enable a contractor to price the work for which he or she is bidding. The ...

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