Tender Analysis

We provide tender services to our clients for bidding the project within best Cost Estimation

Tender is to invite bids for a project, or to accept a formal offer such as a takeover bid. Tender usually refers to the process whereby governments and financial institutions invite bids for large projects that must be submitted within a finite deadline.

A tender report is a brief history of the tendering process and an analysis of each tender submission and any subsequent negotiations.

 

It is generally prepared by the cost consultant for submission to the client but should have observations and contributions from the design team regarding the perceived value of each bid.

The report should conclude with a clear recommendation as to the best value for money offer. If the tender process has any implications for the project, or changes the position compared to the impression the client had been given pre-tender, then these should be clearly set our