Tendering / Nurul Syamimi Hana Ngaini

Studies has been conducted on tendering terms in construction industry sector. Tendering, in its most basic form, is the process through which an organization in need of products or services requests other parties to submit a proposal or bid to supply those goods or services. A Request for Tender is the formal name for this invitation (RFT). This is the document(s) the Buyer releases, inviting Suppliers to submit their responses. An RFT will typically include documents such as Conditions of tender, Form of tender , Scope of tender , Evaluation criteria and Conditions of contract. Most institutions have a well-defined tender procedure, as well as mechanisms to control the opening, assessment, and ultimate selection of vendors, for projects or procurements. This guarantees a fair and transparent selection procedure. When it comes to tender offers for takeovers, the terms of the offer are clearly stated, including the acquisition price, the number of shares demanded, and a response deadline. There are 2 objectives in this report study case on tendering that is to observe the content that is needed in preparing a tender and to determine the process of tender as a consultant. The conduction of this study has is been made by doing documents review and also interviewing company staff members.