What is Tender Document
Generally, a lender document consists of the following information.
General conditions of 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.