Monday 24 December 2018

Tenders in Algeria: A brief Insight



The all-round development and growth of a great number of large scale infrastructural projects are undertaken by the countries coming under the ‘developing bracket’, such as Algeria.  This North African country is famed for being a key commercial hub. Its economy is largely supported by its export industry.  Algeria has the second largest oil reserves in Africa, and therefore one can find a lot of tendering opportunities related to oil and gas projects here. Owing to the high efficiency of the tendering system, large scale projects in Algeria, much like many other parts of the world, are completed with the help of the tendering process. Additionally, participating in Algeria tenders and being a part of the projects coming up in this upper middle income country can prove to be quite advantageous for small contractors primarily working in the local market and open doors for them into the international market.


A number of Algeria tenders are issued with the help of the system of open tending. This process enables contractors across the globe to bid for the tender. In the system of open tendering all qualified suppliers and contractors working in the domain can submit their bids, and stand at an equal chance of winning the contract. Open tendering is at times also referred as competitive or public tendering. In case of the open tendering system, sealed bids are opened right in public for evaluation, and the contract is ultimately awarded on the basis of the pricing and quality of products.

Principles of the open tendering system:
  • The tender should be open to all qualified contractors interested in the project
  • The invitation to tender should be advertised extensively to make prospective bidders aware of the tendering opportunity
  • The tender invitation should be advertised on local , national and international levels
  • All the bids for the project should be submitted within the specified deadline 
  • The tender invitation must include clear and objective criteria for qualification
  • The contract should be awarded to the bidder offering superior quality of products at the most affordable pricing, without any type of further negotiations
  • The tender document must include all important specifications related to the project
To know all about various Algeria tenders and even those that have been issued in various countries, interested contractors can check out the reliable websites offering tender details and information.

Sunday 16 December 2018

Key Sections of Government Tender Documents


Tenders are basically a type of invitation for bid, which are floated by both private and public sector enterprises, as well as NGO’s. They are ideally issued for large procurement contracts and completion of major projects in diverse sectors of the society. These projects typically involve a substantial sum of money. 
Image result for coal India tenders

The process of tendering usually starts off with an invitation to tender or request for tender. This invitation is issued by the buyer. Subsequent to this, interested suppliers and contractors have to submit their bids within a pre-set deadline.

Government departments and agencies usually invite tenders for projects involving large investments, as the tendering system ensures absolute fairness and minimizes the chances of nepotism and favoritism in the awarding of contracts. It also facilitates healthy competition in the market, thereby allowing the government organizations to enjoy the greatest value for money by choosing from a large pool of prospective suppliers and subsequently saving the taxpayer’s money as well. 

While its specifications might differ as per the industry, here are some of the key sections involved in railway, irrigation, coal tenders in India, as well as other civil contracts:

Tenders are basically a type of invitation for bid, which are floated by both private and public sector enterprises, as well as NGO’s. They are ideally issued for large procurement contracts and completion of major projects in diverse sectors of the society. These projects typically involve a substantial sum of money. 
  • Condition for participation: This section of the tender document usually provides an outline of the major terms and conditions that have to be met by the contractor in order to be considered for evaluation by the buyer, which in this case is the government. For this section, the bidder would have to produce various documents like financial records, insurance documents, testimonial and licenses as proof of eligibility for the project.
  • Quality standard and accreditation: In this section of the tender document, the bidders would be required to demonstrate the fact that they can adequately meet all the requirements of the project or contract. The bidders must ideally provide the buyer with certain certifications or accreditation of quality like ISO, FSC, etc. They can even demonstrate the capacity of their company to produce superior quality of items though advanced technologies and innovative processes.
  • Conditions of contract: This section of the tender document focuses on providing detailed information about the rights, responsibilities, and duties of the buyer, the contractor, and any third parties involved in the transaction.
To bid for government contracts like railway, irrigation, coal tenders in India, the first step would always be getting the most accurate information about the tender as well as its submission guidelines and deadline. And, companies looking to participate in any tender can always get detailed information on these aspects from renowned web portals exclusively offering information on different kinds and categories of tenders.

Monday 12 November 2018

Key Reasons for Using Tenders for the Completion of Railway Projects

The Indian railway is the fourth largest railway network across the globe by size. And, it is known to facilitate large scale, swift, and affordable movement of both goods and people across the country. The Indian Railways accounts for one percent of the GNP of the country, and also for about six percent of the total employment in the organized sector of India.
Railway Tenders

The Indian Railways is considered to be one of the key pillars of transportation in the country. Owing to its extreme importance, a great number of projects related to the development and maintenance of the railway system are undertaken every year in the nation. The system of tendering ideally helps the Ministry of Railways to identify the contractors who are the most skilled, qualified, and fit for completing these projects within the deadline mentioned.

Here are two key reasons as to why the system of tendering is used for the completion of railway projects:
High quality of output: On a daily basis, the Indian railway network is used by many thousands of people belonging to all parts of the country. Hence, it is the responsibility of the Railway Ministry to provide assurance of their safety and convenience. In order to ensure these factors, it is crucial that all the projects related to the railway system are developed and completed with utmost efficiency. Through the system of tendering, all the contractors who do not have the relevant skills, experience, or infrastructure to undertake the project are eliminated. Hence, the railway authorities get to easily identify the contractors capable enough to provide the best quality of output. 

Good value for money: Indian Railways is a state owned network. Therefore, all the funds invested in its projects majorly come from the public. The meticulous and systematic tendering procedure ensures that the money coming from the taxpayers’ pockets is utilized optimally. Due to the competitive feature of the tendering system, contractors are often encouraged to provide the best quality of products in the most affordable price range.

The Indian Railways even have their exclusive e-tendering platform through which they aim to make the tendering process extremely transparent and cost-effective for the contractors. To get detailed information about the railway e tenders issued in the market, interested contractors can visit the online portals providing tender details and updates.

Tuesday 23 October 2018

All You Need to Know about NTPC Tenders

National Thermal Power Corporation Ltd, commonly referred to as NTPC, is essentially an Indian Public Sector Undertaking. This organization is wholly owned by the government of India, and is one of the major players in the domain of electricity production. In addition to generation and sale of electricity to various State Electricity Boards, as well as state owned power distribution facilities of the nation, NTPC also undertakes diverse contracts related to the sphere of power plant management, engineering and construction management.
Being a large public sector enterprise, NTPC usually issues a number of tenders for procurements projects and contracts. Tendering basically is a highly systematic procedure through which several organizations across the globe, both private and public, invite bids from contractors for the completion of large scale projects that involve a considerable sum of investment. NTPC tenders are conducted both through the traditional tendering system and the e-tendering process. Information about these tenders can easily be found on renowned tendering websites and hence people from diverse parts of the country can participate in them. As NTPC is a highly reputed and well-established public organization, acquiring their contract can be a great achievement for any enterprise and therefore many people choose to bid on these tenders.

Essentials of NTPC Tenders
A majority of NTPC tenders are hosted on their exclusive e-procurement website. Interested contractors can easily take part in the open tenders published on their online portal. In a few cases, the bidders may even have to pay a nominal fee to submit their responses and gain access to the relevant tender documents.

For participating in NTPC e-tenders issued on their designated online portal, interested contractors should have a valid user ID. In case any new contractor wants to participate in them, then they ideally would have to send an application along with a demand draft to the NTPC office.

Additionally, as per the Information Technology Act of 2000, contractors interested in participating in NTPC e-tenders would be required to purchase a digital signature certificate for being considered eligible for bidding for such tenders. The relevant tender fee for NTPC projects can easily be submitted through their e-procurement website.

In order to keep a track of the latest NTPC tenders floating in the market and their deadlines, contractors should ideally keep checking the renowned online tendering portals available on a regular basis.

Monday 8 October 2018

Reasons Why the Tendering System is used for Railway Projects

A number of large-scale projects are undertaken by the railways every year due to the extensive size and use of the Indian railway network. These projects are ideally quite expansive in scope and involve a considerable sum of investment. And as such, usually tenders are issued by the railways for the completion of these projects.  

Image result for http://www.tenderdetail.com/Indian-tender/railway-tenders

Reasons why tenders are issued for the completion of railway projects: 
  • Quality of output: The Indian railway network is used by thousands of people every day, and hence to ensure their convenience and safety, it is important that all the projects related to it are completed with the highest efficiency. Contractors and supplier participating in the tendering process ideally have to provide an accurate list of their accomplishments, certificates, past projects and accreditations to be considered for the project in hand. This meticulous and structured system provides assurance that the unqualified candidates are eliminated, and only the most efficient bidders are chosen subsequent to the evaluation process. This process also reduces the cases of favoritism in the awarding of contracts.
  • Value for money: Wining a railway tender can go a long way in enhancing the goodwill and reputation of a company in the market. Therefore, a great number of people tend to participate in such contracts. In most cases, to gain an edge over their competitors and win the railway contract, bidders offer the best possible quality at the lowest possible price range. This in turn saves the money of the taxpayers, as the majority of funds invested in railway projects ideally come from the public.
  • Adherence to regulations: The tendering system provides assurance that the bidder winning the contract would orderly abide by the prearranged framework for the project. Like all government bodies, the Railway department has to follow certain legislative obligations and regulation. The projects undertaken by them are required to be completed under these guidelines as well. With the help of the tendering system, the railway department can monitor the workings of the contractors and ensure that they follow the relevant legislative obligations.
Contractors interested in bidding for railway tenders can easily acquire detailed and accurate information about them by exploring some of the prominent online portals publishing updates of government tenders.

Thursday 27 September 2018

An Overview on Government Tenders: Their Relevance and Tips to Apply for One

Owing to its high effectiveness and transparency, the system of tendering is commonly used for the completion of different large-scale government projects. Govt tenders are issued by government agencies, departments and offices to evaluate prospective suppliers in an organized and methodical manner, and consequently recognize the most skilled and qualified candidate from among them. The tendering procedure eliminates the suppliers who do not have the abilities to meet the necessary standards of the government organizations.


The tendering system offers a number of advantages to the suppliers and buyers, some of which are listed below:
 
  • As in the tendering system many suppliers compete for the same contract, they often try to do better than their contenders, and thus offer the most profitable deals to the buyer. Moreover, they also provide the buyers with additional incentives in the form of price decrease at times. Thus, it enables the buyers to get the benefit of obtaining the top quality product at the most lucrative pricing.
  • In the tendering process, all the suppliers have an equal chance of obtaining the contract. This is because the system reduces any chances of favoritism or bias, and ensures the maintenance of complete transparency. Therefore, all types of enterprises get a fair chance to expand their business opportunities and get a lucrative project through this system.
  • In addition, there is a proper audit trail maintained for the complete tendering cycle that can be easily reviewed in case of any possible disagreements or disputes.
While bidding for a govt tender, it is highly essential that the suppliers put across their points in a clear and precise manner so as to match the specifications desired by the buyer. Listed below are some of the tips which can be used by the bidders while preparing a tender response for a government project:
  • It is important for the bidders to understand the minute specifications and details of the tender invitation. They should read each of its aspects carefully, and if required even highlight the most important elements. In addition to this, the bidders also must recognize other important areas, such as the desired formatting guidelines, deadlines, and also the method of submitting the response.
  • The bidders must seek clarifications for elements related to government tenders as their deadline for clarifications is usually quite earlier than that of submission. Factors such as bid eligibility, tender specifications as well as nuances of tender questions should be particularly clarified so as to avoid any future confusion or discrepancy.
All these pointers can help the bidders to formulate a good tender response for sure.