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Many Contractors have this question: What is Pre-Bid Meeting in a tender? A pre-Bid meeting meaning is that it is a meeting that, the client arranges after the site visit. This is an ordinary meeting of all the bidders to…

Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a Bidder along with its tender. Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with…

Notice Inviting Tender is published by the companies/organizations to get biddings from the contractors for their works. Notice Inviting Tender or NIT means this document and its annexures, any corrigendum, addendum, and any other documents provided along with this NIT…

Tender Drawings form an incredibly important stage in the process of bringing a project to fruition and can define either its success or failure. During the Tender Drawing stage, the Detail Design drawings are further developed to provide a technical…

BILL OF QUANTITIES or SCHEDULE OF QUANTITY means the price and completed BOQ or Schedule of Quantities forming part of the tender. The prime purpose of the Bill of Quantities (BQ) is to enable all contractors tendering for a contract…

These are the tenders where a limited number of vendors are invited to fill the tender. Mostly these are used for projects which are valued at less than ₹5 lakhs. Pre-registered contractors are used for these types of tenders. Try…

Many contractors have this question in mind what is Global Tender, Well Global Tenders are the tenders that are floated globally due to less competition in their own country, or there is a particular requirement of the tender (any material,…

Bore Log Report is a record, made by the driller or geologist, of the rocks penetrated in the borehole. In the laboratory, a more detailed log is prepared giving particulars relating to lithology, paleontology, water analysis, etc. Try Onsite, #1…