We can identify two types of tenders in the industry. The first is a standing offer under a maintenance work for a certain period and this tender type is rare compared to others. The acceptance of such a contract does not create a binding contract itself. A simple offer which was done by the contractor to carry out the relevant work which is mentioned in the invitation to tender is the second type of tender. It is more usual than the first one and it creates a binding contract legally. Based on the project requirement, the quantity surveyor is the most suitable person to advise the client regarding the most suitable tendering method to follow.. Read more
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