Thursday, February 26, 2009

Colloboration in Tender

Collaboration:
In a Tender a bidder can participate either directly or indirectly.
- Bid on your own (Direct route)
- Bid in JV (Direct route)
- Bid in Consortium (Direct route)
- Act a Sub Contractor (Indirect route)
Please Visit http://www.TenderTiger.com to view 1 Million Tenders.
Indian Tenders , Indian projects, Indian Supplier Contractor Database, eProcurement

Direct Route.
# Bidders submits his own Bid.

# Joint Venture or JV - There are tenders where Joint Venture is allowed. In such tender 2 or more companies float a new company which is jointly owned & this JV Company submits bid on behalf of both the companies.

For example if there is a condition in a tender which says that the bidder has to submit Rs. 10 cr as Security Deposit, 2 small companies may not have Rs. 10 Cr individually, but they both can contribute half half & give Rs.10 Cr. In such case they will form a JV company & the JV will submit the Bid.

For Example, if there is a Tender which requires good manufactured using particular technology/machinery to be supplied, than a company which has the technology/machinery can form a JV with local manufacturer who is willing to manufacture can form a JV & submit the bid.

JV can be formed on any mutually acceptable conditions which can be technical, financial or related to execution, supervision, quality, experience, etc. Two company may not be fulfilling all the pre qualification criteria individually but under the JV banner, they can full fill all the criteria.
Eg. a Tender may have the following pre qualification cirtieria - A company having Rs.100 Cr turnover & experience of successfully executing 3 project
In such case a company having 100 Cr Turnover & a company having experience of executing 3 projects successfully can form a JV.
Please Visit http://www.TenderTiger.com to view 1 Million Tenders.

Please Visit http://www.TenderTiger.com to view 1 Million Tenders.
Indian Tenders , Indian projects, Indian Supplier Contractor Database, eProcurement

# Consortium - This is similar to JV where 2 Bidders bring in their individual strengths such that their bid gets pre-qualified. Unlike JV, a new JV company is not formed but between 2 Bidders one decides to be a Lead Partner & other secondary partner.
2 or more companies can form a consortium. When Tender is awarded it is awarded to the consortium, but it is the responsibility of the Lead partner to execute the project.
Please Visit http://www.TenderTiger.com to view 1 Million Tenders.

Please Visit http://www.TenderTiger.com to view 1 Million Tenders.
Indian Tenders , Indian projects, Indian Supplier Contractor Database, eProcurement

Indirect Route:

# Sub Contracting - Large Companies like LnT for e.g. bid in 100's of Tender annually. When they win the Tender, the break it into small parts and sub contract it.
e.g. In case of Construction of a Bridge the sub contract can be for supply of Cement, Iron & Steel, Manpower, Machinery's, etc. Small bidders who does not wish to deal with government directly can act as sub contractor to L&T for supplying cement, iron & steel, manpower, machinery's, etc.

Please Visit http://www.TenderTiger.com to view 1 Million Tenders.
Indian Tenders , Indian projects, Indian Supplier Contractor Database, eProcurement

9 comments:

  1. Is there any Govt. regulations towards minimum tender value for which a consortium/JV must be allowed to participate. In one of Metro Railway, Kolkata tenders for Security & Survillence solutions where estimated tender value is Rs. 25.0 Crores participation of Consortium/JV has been denied.

    ReplyDelete
  2. Thank you for the info. It sounds pretty user friendly. I guess I’ll pick one up for fun. thank u

    L&t Contractors

    ReplyDelete
  3. If you are looking best website related to tender, where you can get good information about open bids. TenderTiger.com and Global.Tendernews.com is leading website where all types tenders available, so contact here for finding best tenders.

    ReplyDelete
  4. Can a Bidder Qualifing for certsin criteria can form a Consortium with Multiple Bidders in the same bid?

    ReplyDelete
  5. Getting the right tenders and bids for your company is the biggest challenge and i think online tenders site a good source to get to the right tenders of your choice. Appreciate your Post thankyou

    ReplyDelete
  6. TenderTiger.com company's customer care seek password of your subscription account to show you demo? Please be aware and inform others

    what if a company promise you services and is found to be incapable of doing it...should you get refund.

    TenderTiger sales guy promised 60% govt and 40% pvt tenders exists but their customer care says they have 90% govt and 10% pvt tenders whereas reality is even bad.

    Mr. Amit Bhanushali from TenderTiger disconnected the call and said "Non Cancellation" is mentioned in "Terms of Use" don't know where the same is, neither sales guys ever mentioned about it. In my opinion this is cheating.

    ReplyDelete
  7. Why Most of the people need Modular Kitchen Designs in home kitchen office and outdoor mall etc..

    ReplyDelete

  8. Independent gregarious and responsive young Karachi Escorts Females  offer a high class advantage Service Most of our clients wants Delightful Models Escorts in Karachi We are always caring about our clients and provide best of our customer our agency offer you every type of Escorts Girls in karachi that you want We are always providing medical cheek-up of our Karachi Escorts Girls Call Now. 

    ReplyDelete