tag:blogger.com,1999:blog-4783811606552237774.post7206730119577658378..comments2011-12-02T23:32:34.162+05:30vk1.engrhttp://www.blogger.com/profile/10971357936380887936noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4783811606552237774.post-86894263638106476162011-12-02T17:31:07.984+05:302011-12-02T17:31:07.984+05:30hi ma name is jennifer and i want the definitions of tender and contract documentAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4783811606552237774.post-3774695418396525982010-04-28T00:43:08.987+05:302010-04-28T00:43:08.987+05:30Hi,<br />I have been reading a book on tendering and am a little confused by tendering and procurement. The book states “The method employed to select a contractor to carry out work can be done in one of three ways”:<br />1. Open tendering<br />2. Selective tendering<br />3. Negotiated tendering<br />I thought that I understood this until I came across the terms: <br />1. Single stage selective tendering<br />2. Two stage selective tendering<br />3. Selective tendering for design and buildAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4783811606552237774.post-18820025999476381172008-07-10T18:55:00.000+05:302008-07-10T18:55:00.000+05:30Dear Melanie,<BR/>The basic difference between a tender and contract documents are the following:<BR/>- A Tender is a document which is used to ask for quotation and bids from various shortlisted agencies, whereas a Contract document is the customized form of the Tender which is made with that one party which is finally shortlisted to do a particular work by the Owner.<BR/><BR/>- A Tender document is a set of guidelines to the probable parties, while a Contract document is a set of agreement which a Contractor must follow while doing an assigned work.<BR/><BR/>- A Tender document is only form of inviting bids and is not legally binding, whereas a Contract document is a legally binding agreement between the Owner and the Contractor.<BR/><BR/>As such, a Contract document is nothing but an extended and customized form of a Tender document which contains all the texts of a tender in addition to legally binding agreement and project specific understandings.<BR/><BR/>Hope you got your answer.<BR/>- ShellyTeam@Bricks-n-Mortar.comhttp://www.blogger.com/profile/09178701687883616037noreply@blogger.comtag:blogger.com,1999:blog-4783811606552237774.post-14219880235933439272008-07-10T16:40:00.000+05:302008-07-10T16:40:00.000+05:30What is the difference between a tender and a contract?Melanienoreply@blogger.com