What Is a Construction Bid?

Construction project bidding refers to a form of transaction in which construction products are exchanged as goods. It is set by the sole seller. It invites several buyers to compete through secret quotations, and the seller chooses the winner and reaches a transaction agreement with it. , And then implement the tender in accordance with the agreement.

Construction bidding

Preface to bidding for construction projects

Generally speaking, bidding and tendering need to go through the procedures of tendering, bidding, bid opening, bid evaluation and determination.

Bidding for construction projects

The bid opening shall be conducted in an open manner in accordance with the time, place and procedures specified in the bid invitation documents. The bid opening shall be presided over by the bidder or the bidding and bidding intermediary agency, and members of the bid evaluation committee, representatives of bidders and representatives of relevant units shall be invited to participate.

The bidder checks the seal of the bidding documents and confirms that they are correct. The relevant staff will open the seals in public, verify the bidding qualifications, and announce the bidder's name, bid price, and other main contents.

Bidders may make necessary explanations for the bidding, but the explanations made shall not exceed the scope recorded in the bidding documents or change the substantial content of the bidding documents. The bid opening shall be recorded and archived for future reference.

Construction bidding evaluation bid

Bid evaluation shall be conducted in accordance with the provisions of the bidding documents. The bid inviting party or the bidding and bidding intermediary agency is responsible for setting up a bid evaluation committee. The bid evaluation committee is composed of representatives of the bidders and the technical, economic, and legal experts they have hired. The total number of bid evaluation committees is usually 5 or more, and the number of experts hired shall not be less than two-thirds. Persons with a stake in the bidder may not enter the bid evaluation committee. The bid evaluation committee is responsible for bid evaluation. The bid evaluation committee shall review all bidding documents, and shall invalidate bidding documents that are substantially inconsistent with the provisions of the bidding documents.

The bid evaluation committee may require the bidder to make necessary clarifications on the areas where the meaning of the bidding documents is not clear, but the clarification shall not exceed the scope recorded in the bidding documents or change the substantial content of the bidding documents. The bid evaluation committee shall evaluate and compare the bid documents in accordance with the provisions of the bid invitation documents, and recommend one to three successful candidates to the bidder.

The bid inviting party shall determine the successful bidder from the successful candidates recommended by the bid evaluation committee. The winning bid should meet one of the following conditions: meet the requirements of the bidding documents, and take into account various preferential and tax factors, and report the bidding price under reasonable conditions; meet the comprehensive evaluation standards specified in the bidding document at the maximum.

Except for the bidding procedures, the bid inviting party or the bidding and bidding intermediary agency shall not negotiate and negotiate with the bidder on the bid price, bid plan, and other matters before the bid is finalized.

The bid inviting party or the bid invitation agency shall notify all bidders in writing of the bid winning results. The bid inviting party and the winning bidder shall sign a written contract in accordance with the provisions of the bidding documents and the results of the winning bid.

Construction project bidding

Bidders shall prepare bid documents in accordance with the provisions of the bid invitation documents. The bidding documents shall specify the following items: bidding letter; bidder qualification and credit certification documents; bidding project plan and description; bidding price; bidding deposit or other forms of guarantee; other content required by the bidding documents.

The bidding documents shall be sealed and delivered to the bidding place before the prescribed deadline. The bid inviting party or bid invitation agency shall not open and return the bid documents received after the deadline for submitting bid documents. The bid inviting party or the bidding and bidding intermediary agency shall sign and record the bidding documents received. The bidder has the right to require the bidder or the bidding and bidding intermediary to provide a certificate of receipt.

Bidders may withdraw, supplement or modify the submitted bidding documents; however, they shall notify the bidder or bidding and bidding agency in writing before the deadline for submission of bidding documents.

Construction project bidding

Public bidding shall issue a bidding announcement. Tender announcements shall be issued through newspapers or other media. The bidding announcement shall specify the following items: (i) the name and address of the bidder; (ii) the nature and quantity of the bidding project; (c) the location and time requirements of the bidding project; (c) the method, place and time of obtaining the bidding documents; Expenses; other matters that need to be announced.

The bid inviting party or the bidding and bidding intermediary agency may pre-qualify the legal person or other organization that is interested in bidding, but shall issue a pre-qualification notice through newspapers or other media. The pre-qualification notice shall specify the following: the name and address of the bidder; the nature and quantity of the bidding project; the location and time requirements of the bidding project; the method, place and time for obtaining pre-qualification documents; pre-qualification Fees charged for documents; the place and deadline for submitting pre-qualification applications; the schedule for pre-qualification; other matters that need to be notified. The above pre-trial shall mainly examine whether a legal person or other organization interested in bidding has the ability to successfully perform the contract. A legal person or other organization that is interested in bidding shall submit to the tenderer or the bidding and bidding intermediary agency certification documents or materials proving that it has the ability to successfully perform the contract. The bid inviting party or bid invitation agency shall make a pre-examination decision on the legal person or other organization that submitted the pre-examination application. Where the invitation to bidding procedure is adopted, the bid inviting party shall generally issue invitations to bid to three or more legal persons or other organizations that are interested in bidding or have passed pre-qualification.

Where the bidding procedure is adopted, the bid inviting party shall generally issue invitations to bid to two or more legal persons or other organizations interested in bidding. The bid inviting party or the bid invitation agency shall compile bid invitation documents according to the requirements of the bid invitation project. The bidding documents should generally specify the following: notice to bidders; the nature and quantity of the bidding project; technical specifications; bid price requirements and calculation methods; bid evaluation standards and methods; delivery, completion or Time to provide services; Relevant qualifications and credit certification documents that bidders should provide; The amount of bid security or other forms of guarantee; requirements for the preparation of bid documents; the method, place and deadline for providing bid documents; bid opening Schedule of bid evaluation and determination; contract format and main contract terms; other matters that need to be specified.

In the bidding documents, the bid inviting party or the bidding and intermediary agency may require the bidder to submit alternative bidding documents at the same time as submitting the bidding documents that meet the requirements of the bidding documents, but it shall make an explanation and provide corresponding evaluation and comparison methods. The technical specifications specified in the bidding documents shall adopt international or domestic recognized and legal standards. The technical specifications specified in the bidding documents shall not require or indicate a particular patent, trademark, name, design, model, country of origin manufacturer, nor shall they have any tendency to or exclude the content of a legal person or other organization interested in bidding .

The bid inviting party or the bid invitation agency shall sell the bid invitation documents at the time and place specified in the bid announcement or invitation for bid. Bidding documents are not refundable after they are sold. Except for reasons of force majeure, the tenderer or tendering agency shall not terminate the tendering after issuing a tender announcement or issuing a tender invitation. If the tenderer or bidding agency needs to clarify or insubstantially modify the bidding documents that have been sold, it should generally notify all purchasers of the bidding documents in writing 15 days before the deadline for submitting bidding documents, which clarification or modification The content is part of the bidding documents.

Generally, the period from the date of the announcement of the tender announcement or the invitation to bid to the deadline for submission of bid documents shall not be less than 30 days.

For the same bidding project, the bidder or bidding agency may conduct bidding in two stages. In the first stage, the bid inviting party or the bidding and bidding intermediary agency shall require the legal person or other organization that is interested in bidding to submit a preliminary bidding document that does not include the bidding price, and set out proposals on the technical, quality or other aspects of the bidding project. The bid inviting party or the bid invitation agency may discuss the content of the preliminary bidding documents with the bidder. In the second stage, the bid inviting party or the bidding and bidding intermediary agency shall provide the formal bidding documents to the bidders who have submitted the preliminary bidding documents and have not been rejected. The bidder or the bidding agency shall submit the final bidding documents including the bid price according to the requirements of the formal bidding documents.