Tender Advertisement Sample Clauses
A Tender Advertisement clause outlines the requirements and procedures for publicly announcing an invitation to submit bids or proposals for a project or contract. Typically, this clause specifies where and how the advertisement must be published, such as in newspapers, online platforms, or official bulletins, and may detail the information that must be included, like submission deadlines and project scope. Its core function is to ensure transparency and equal opportunity by informing potential bidders of the tender, thereby promoting fair competition and compliance with procurement regulations.
Tender Advertisement. The Service Provider shall prepare the tender advertisement and submit to the Client who will place the tender advertisement with the relevant organisations. The tendered amount shall cover full compensation for time related costs associated with the compilation of the draft tender documents, discussion/meetings with the Client and subsequent finalisation of the tender documentation and the rate tendered shall include for all costs associated with the compilation and writing of a CD/DVD of each full set of final tender documents and shall include for all expenditure on labour and materials, communication, postage and packaging incurred by the Service Provider. In addition, the tendered amount shall cover the following: Requirements and process for the Contractors' clarification meeting, tender period and evaluation of tenders received for the Works Contract.
i) Introduction of the team, including the Client’s Project Manager and Procurement Officer, the Service Provider’s personnel, other Stakeholders, if any (for example, Provisional Government Officials, members of the PLC and the CLO).
ii) Describing the Conditions of Tender and Tender Data.
iii) Describing the Conditions of Contract and Contract Data.
iv) Describing the Works with as much detail as is required for specific items or operations.
v) Announce any amendments made to the tender documents.
vi) Providing an Client’s email address for submission of any clarification questions.