Showing posts with label building tenders. Show all posts
Showing posts with label building tenders. Show all posts

Friday, April 22, 2011

Writing Successful Building Tenders; Dos and Don’ts

One of the areas where numerous tenders are floated on daily basis is the construction industry. Again, in the construction industry, building tenders form the larges part. Multiple types of building tenders come up every day. Some of them deal with individual pricey buildings but most of the tenders are floated in the public sector and commercial private sectors.

Building Tender Opportunities
Some of the areas where major building tenders come up are –
  • Construction of offices and staff quarters for public sector departments and undertakings. Such tenders could be for new construction, renovation, and expansion of the existing structures.
  • Commercial organizations that come up with tenders for construction of their factories, administrative building, staff quarters, or colonies.
  • Individual building construction companies that float tender for time bound execution of the construction works.
  • Building construction tenders are not related to construction works alone but many of them are related to supply of materials, setting up infrastructure, or associated work performances.

It is Necessary that Tenders are Well Written

Only well written tenders have the prospects of winning the bids and getting the best deals in the bargain. A number of factors should be taken into consideration while writing such building tenders –
  • Writing a well designed covering letter is indispensable for good tender responses. It indicates the setting of building structure to the client.
  • Bidder should take into consideration the requirements and preferences of the particular client before writing the bid.
  • One of the best ways to impress the client would be indicating the brief of similar successful projects carried out by the bidder.
  • Most requesting agencies and clients will look for a good track record in respect of the bidder.
  • Clarifying the way of executing the construction work or maintenance of the quality of the materials supplied is vital for winning bids.
  • A little background on difficult and troublesome projects that have been successfully carried out by the bidder will enhance the winning prospects considerably. Examples will always be appreciated by the clients.
  • Tender response document should be complete and full.

What the Bidder Should Avoid
There are certain aspects in creating the perfect response which a bidder should avoid carefully. Most important among them are –
  • Bidder should never over elaborate anything.
  • Avoid frequent font changes. Font should be clear and readable and should be maintained throughout the bid without any change here and there.
  • Avoid non-indexing. Information provided in the bid and documents enclosed should be properly indexed making the search easier for every client.
  • Unbroken and long elaborations do not help. Use of numbered paragraphs greatly helps as it looks professional. Similarly, use of sub headings and bullet points breaking up the contents would be very useful.

Most important however is to respond to the tender floated according to the specified time and not overshooting it. On the one hand it indicates the responsible nature of the client and on the other it helps client to remain in the contest without any tags attached.

Friday, April 1, 2011

Building Tenders are One of the Greatest Avenues for Business Promotion

For many entrepreneurs, building tenders are one of the greatest avenues for promoting their business. Opportunities are huge in this sector of real estate industry in the country. With population growing by leaps and bounds, rapid industrialization and urbanization there is huge demands for buildings all over the country and that has resulted in consequential rapid growth of tenders relating to building construction in the country. 

Major Types of Building Tenders
Major types of building tenders are -
  • Building construction tenders that come up from public as well as private sectors.
  • Building material tenders that are usually available in the private sectors though they are also coming up in the public sectors.
  • Ceiling, flooring, and plastering tenders as part of the building tenders as they are required for finishing of the building.
  • Construction material tenders that is complementary to building tenders.
  • RCC works tenders.
  • Plumbing and sanitary works tenders.
  • Excavation tenders.
  • Filling and fencing tenders.
  • Shed construction tenders.
  • All types of building construction tenders.

Major Sources of Building Tenders
Multiple sources of building tenders are there. As usual major source of such tenders is government in the public sector. However, industrial sector is not far behind in any manner and they also constitute substantial sources for these tenders. 

Major sources of such tenders are –
  • Government and public sector undertakings.
  • Private sector industries and corporate houses are one of the largest sources of building tenders.
  • Such building tenders are also floated by builders and real estate dealers.
  • There are various other sources, but these are some of the leading sources of tenders for buildings.

Broad Classification of Building Tenders
Broadly speaking tenders for building can be classified in two types. The first one is building construction tenders and the second one is building construction accessories and materials tenders. Example of the first one is when the government agencies float tenders for construction of office buildings or quarter for the staff or corporate bodies and builders float tenders for construction of apartments for sale. Second type examples are when government agencies, industries, private sector organizations or builders procure materials like cement, sand, steel rods, and others such items.

Requirements for Bidders
Bidders bidding for building tenders will have to take care of certain aspects. Most important of them is responding to the tenders floated in the right manner. It would be good providing a brief background of the previous achievements of the bidder in the field of building construction or materials supplying. It would also be convenient keeping the doors for further negotiation on the bid price open for the requisitioning organization so that if they are impressed with the qualitative aspects of bidder’s bid they will not back out because the prices seems a bit higher. They will know that there is still some room for getting down the prices and may opt for the quality provider.

And that is one of the surest ways of winning building tenders.

Tuesday, December 21, 2010

Huge Business Opportunities Provided by Successfully Bidding for Building Tenders

Budding entrepreneurs looking for tenders to bid and win to promote their business are sure to find multiple avenues in India. One of the most prospective areas where numerous tenders are floated at regular intervals is the construction industry. However, the bidder should be conversant with certain factors that will help him or her to bid successfully responding to building tenders.

Scope of Building Tenders

With rapid urbanization and industrialization combined with population explosion in the country, there has been growing demands for different types of buildings. Demands are huge in both public and private sectors. Office buildings, staff residential buildings, houses meant for industrially and other project displaced persons, residential buildings in urban, semi urban and project areas and such others offer huge scope for business for both established and up coming businessmen. Responding to and winning building tenders offer excellent opportunities to make one's presence felt in the industry.

Essential Ground Rules

A few essential ground rules should be followed by every aspirant for winning building tenders. Most important among them are:
  • Writing an effective and appealing covering letter that would allow the bidder to narrate in brief how he proposes to take up and complete the work.
  • No information that is required by the requesting company or department, as pointed out in the tender advertisement should be left unattended. Every question should be answered as precisely as one can without being too descriptive.
  • Past experience and records always count and the bidder should give a brief description of his past achievements and experience in the field.
  • Explaining the resources that will ensure timely completion of the work is vital for winning the bid.
  • Instead of elaborations, the bid papers should contain all important information in gist.
  • Contents should be consistent throughout and using bullet points will help.
Delivering the Tenders

Bids to the tenders should be delivered by hand or in person, since very often the ones submitted through courier or mail do not reach the destination in time and ends up in the bins. It may not be possible in case of global tenders due to geographical barriers. Hence it would be good submitting them in three different ways; by mail, by fax, and using email with digital signatures.

Bidder should never forget to obtain a debriefing from the prospective client when a bid fails. It will help them fathom out the reasons for failure and eliminating them during the next bid for any tender including the building tender.

Demands for buildings are huge in both public and private sectors and skilled and impressive bidding is the way to success in winning such building tenders. Visit our site for finding latest tenders from India absolutely free.

Saturday, August 7, 2010

Bridge Tenders – Easy ways to grasp the opportunity

All big organizations, when in some need, call private players to take up the share of their tasks and complete them in the best possible manner. For this they issue tenders. Now, these tenders can be reached through numerous online portals and web sites as well. Tenders, especially those focusing on huge projects like building bridges, obviously call for massive players who have been working on the similar projects for years and have prepared a laudable record of achievements and a healthy testimonial. With India gearing up to be a hub exemplifying privatization and industrialization, bridge tenders are a major area of attention for all the bidders.

To acquire any of the bridge construction tenders, one needs to ensure that:
  • The proper format for the proposal of the bridge tenders has been followed and all the details provided are easy to follow, well-presented and concise.
  • The best aspects must lead and the average must follow. Putting forth one’s fields of expertise would obviously strike the eyes first and frame the mindset in a positive manner.
  • The tender has been read and understood well and all the important points have been highlighted.
  • The detailed information about one’s field of work and achievements has been enlisted
  • The precise method of submitting and the timeline has been followed
  • All the forms have been filled according to the pre-framed procedure
  • Realistic prices have been quoted and they cover minutest of the fixed as well as variable expenditure along with fair proportion of profit
Many a times, when any bridge construction tender gets issued, the government or the concerned authorities call for viable and most-suited designs for that particular bridge or it calls for views of the bidders if the design has been already decided. In such a case, the bidder must closely study the proposed place and should bring out innovative and creative ideas which not only sound impressive but easily sweep the bridge tender into his pocket.

Along with bringing out the most novel and viable proposals for a particular bridge tender, one should keep in mind to closely study all the facts related to the site and conduct R&D on all its aspects. One should investigate upon important points like materials required for construction, traffic density, effect on nearby locations and projects or structures, feasibility of the proposed details, availability of qualified and experienced staff and much more. Bidding for bridge tenders requires one to be pro-active in judging and weighing all the related aspects with utmost earnestness.

Once all the research and developmental work for a particular bridge tender has been conducted, a confident foot must be put forth to face the competition and shine out with success. Obviously, if one ends up acquiring any particular bridge construction tender, he is opening an array of opportunities towards his side. Moreover, he would be registering massive repute under his banner further securing his position in the most counted and reliable firms.