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Tender Documents

Tender documents are offers sent to multiple contractors to execute specified works within a timeframe and according to conditions. The tender includes a bill of quantities, specifications, timeframe, contract conditions, and plans. Contractors bid on the work and the lowest bidder is offered a contract. Contract documents are the agreement between the owner and lowest bidding contractor to complete the specified works according to the tender conditions and bid rates. While tenders are offers to multiple contractors, contracts are signed only with the lowest bidder and bind them to complete the work.

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188 views2 pages

Tender Documents

Tender documents are offers sent to multiple contractors to execute specified works within a timeframe and according to conditions. The tender includes a bill of quantities, specifications, timeframe, contract conditions, and plans. Contractors bid on the work and the lowest bidder is offered a contract. Contract documents are the agreement between the owner and lowest bidding contractor to complete the specified works according to the tender conditions and bid rates. While tenders are offers to multiple contractors, contracts are signed only with the lowest bidder and bind them to complete the work.

Uploaded by

Shanthakumar Nivoshan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Tender Documents:

A tender is an offer in writing to contractors to execute the some specified


works or to supply specified materials within a fixed time frame and as per
conditions of contract and agreement between the contractor and the owner
or the department or the party.

The tender documents contains the bill of quantities (BOQ), specifications of


the works to be carried out, time frame for the completion of the work,
conditions of the contract and plans and drawings. These documents are
provided to the contractor on the payment of certain fees. The contractor who
quotes the lowest rates for the overall works are offer the contract to execute
the work.

Contract Documents:
Contract documents are the agreement between the owner or the party or the
department and the contractor to execute the works as specified in the tender
documents as per conditions of contract on the rates quoted by the contractor.

The difference between Tender and Contract


Documents:
The difference here to be noted is that tender documents are offered to as
many contractors as possible to get the lowest quotes for the work specified,
while the contract documents are signed only with the contractor with lowest
tender or rates.

While the tender documents contains the conditions of contract and all the
details for the specified work, there is not much difference between the two in
terms of contents. But tender documents can not be submitted as Letter of
Acceptance (LOA) as these are two different types of documents. While a
tender document can not bind the contractor to do the work, a contract
document binds the contractor to complete the work as per the agreement.
Simple Example to understand the difference between tender and
contract documents:

When you are selected for a job in a company you are offered offer letter to
join the company. But getting selected in a company does not mean that you
join the same company, you may have other offer letters as well. But when you
sign the letter of acceptance (LOA) for the job, you are bound to join the
company. So, here offer letter from the company is a tender document and
LOA is the contract document.

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