Page 82 - BASIC PRINCIPLES OF QUANTITY SURVEYING PROFESSIONAL PRACTICES

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4.2.5 Negotiation Tender

• A negotiating tender is an invitation to bid to a contractor whom
the client has chosen based on skill, experience, and a strong

reputation.

• The client will select a contractor based on this negotiation,

and the contractor will receive a tender form.

• Negotiation tender have certain advantages. If a contractor, for

example, has previously executed a similar project flawlessly,

time and effort can be saved by negotiating new transactions
directly with the contractor on the same grounds.

• The contractor who wishes to enter this tender must have

substantial experience, skills in project related areas, work

expertise, a large financial capability, and be adept in the
application of certain construction techniques, among other

requirements.

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