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.