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What is Tender Notice? Mention main inclusions of it.
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Tender Notice

  1. The notice inviting tender paper ia a very important document on which tenders and subsequent agreements with the contractors are based.
  2. Tender notice should stipulate reasonable time for completion of work; in an urgent case the authority which is competent to approve N.I.T. in that particular tender might curtail the period but the period should be realistic period.
  3. All tender notices should be in the standard form of department.
  4. The main inclusion are:

    a. Name of the authority inviting tender.

    b. Particulars of contractors eligible to submit tenders.

    c. Name of work and its location

    d. Estimated cost of work.

    e. Estimated cost of work.

    f. Earnest money deposit.

    g. Time of completion.

    h. Last date, time limit and place of receipt of tender and also time of opening of tender.

    i. Accepting authority.

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