Calling for a tender involves several key steps to ensure you receive fair, competitive and comprehensive bids from contractors. RenoTender makes your job easier by providing a platform for you to Define, Invite, Advertise and Manage your renovation tender.
Tender Management Process Flow
Define Your Requirements
Invitation to Tender
Advertise Your Tender
Manage Your Tender
Evaluate Your Tender
Award Your Tender
Contract Signing
Define Your Project Requriements
Budget: Set a realistic budget for the project.
Timeline: Specify the start and end dates.
Key in all these into the template provided by Renotender
Invitation to Tender (ITT)
Renotender provides a platform for you to invite contractors to submit their bids.
Project Specifications: Detailed descriptions of the work required, including materials, finishes, and standards.
Drawings and Plans: Provide architectural and engineering drawings.
Contract Terms: Outline the terms and conditions of the contract, including payment schedules and penalties for delays.
Advertise the Tender
Through RenoTender, publish your tender.
Direct Invitations: Send invitations to pre-qualified contractors.
Manage the Tender Process
Site Visits: Arrange site visits for potential bidders to understand the project better.
Clarifications: Provide a period for bidders to ask questions and seek clarifications.
Submission Deadline: Set a clear deadline for bid submissions.
Evaluate Bids
After bids are submitted to you, you may evaluate the bids and compare the offers.
Criteria: Establish evaluation criteria such as price, experience, and quality.
Review: Assess each bid against the criteria.
Shortlist: Create a shortlist of the most suitable bids.
Award the Contract
After bids are submitted to you, you may evaluate the bids and compare the offers.
Negotiation: Negotiate terms with the preferred bidder if necessary.
Contract Signing
Finalize and sign the contract with the chosen contractor.
Communicate Results
Notify Bidders: Inform all bidders of the outcome, providing feedback if possible.
Tender Document Templates
Here’s a list of documents you might need to upload for a commercial tender. You can download each document separately.
Alternatively, you can click the button below to download all the documents together in one zip file.
(Zip File: 2.1 MB)
