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government tender articles

8 articles

Backhoe loader loading stone on a construction site
Saurav Agarwal
Compliance & Regulation

Rate Contract Tender: What You Commit To When You Win One

A rate contract tender fixes your rate for a period but guarantees no quantity. What you commit to,…

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Lump Sum Contract: Who Carries the Risk and How You Get Paid
Saurav Agarwal
Compliance & Regulation

Lump Sum Contract: Who Carries the Risk and How You Get Paid

One fixed price for a defined job. What a lump sum contract means under the central Works Manual,…

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Single Bid Tender: Will It Be Accepted or Retendered?
Saurav Agarwal
Compliance & Regulation

Single Bid Tender: Will It Be Accepted or Retendered?

Only one bid came in, or only yours survived the technical round. What the central Works Manual actually…

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Road construction equipment working on an Indian infrastructure project
Saurav Agarwal
Compliance & Regulation

Additional Performance Security: What Bidding Low Really Costs You

Quote far enough below the estimate and the department asks for a second deposit on top of performance…

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EMD in Tender: Full Form, How the Amount Is Worked Out, and Who Is Exempt
Saurav Agarwal
Business & Growth

EMD in Tender: Full Form, How the Amount Is Worked Out, and Who Is Exempt

EMD stands for earnest money deposit, the bid security a department holds so your offer stays firm. Here…

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Contractors attending a pre-bid tender meeting and discussing project clarifications
Saurav Agarwal
Business & Growth

Pre Bid Meeting in a Tender: Your One Chance to Ask

The conditions that decide whether a tender is worth bidding can still be changed at this stage —…

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Tender evaluation showing L1, L2 and L3 bidders and award process
Saurav Agarwal
Business & Growth

L1 Bidder, L2 and L3: How a Tender Is Actually Awarded

Being lowest is not the same as being awarded. How evaluated price decides the ranking, when a buyer…

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Contractor calculating tender bid capacity using project and financial figures
Saurav Agarwal
Business & Growth

Bid Capacity Formula: Can You Bid for That Tender?

Bid capacity decides the largest tender you are allowed to bid for. How the formula works, a worked…

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Mobile crane with its boom raised lifting a precast concrete beam on a construction site

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