What is Tender Document
Generally, a lender document consists of the following information.
General conditions of the contract including a time limit.
- · Special conditions of the contract.
- · Schedule of items of work with clear specifications.
- · Layout plan or location of work.
- · Set of drawings including working drawings.
- · Detailed specifications,
- · Scheduled stores to be supplied by the owner including the rates and place of handing ever
- · Amount of scouts ones to be deposited
- · Mode of payment for the work to be done.
- · Approximate quantity of work under each item.
- · Rate of supply of power and the point of supply.
- · Location of water supply.
- · Time of completion and the progress to be made.
- · Production of income tax and sales tax clearance certificates.
- · Penalty condition for slow progress and delay in completion.
- · Designation of the arbitration authority in case of disputes.
- · Weather conditions in the area and period of operation.