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ThirteenInvitationforBidsandBid
* * Chapter ThirteenInvitation for Bids and Bid Parties involvedbuyer/purchaser tenderer/seller Actions taken invites bid submits bid bid=tender v.offer (a price) for doing work, providing a service,etcSeveral firms have bid for the contract to build the new concert hall. Firms were invited to tender for the construction of the new motorway. call for a bid招标invite/send/make/submit/put in/write a bid招标open a bid开标withdraw a bid Tender is mostly used to purchase goods and materials in large quantity, machinery and key equipment, and complete set of installation, and is seldom used in selling goods. Probably, procurement by tender is an effective means of getting those things on one hand, and submission of tender on the other hand, are the two constituent sides of a tender transaction. The normal course of tender business is as follows: ?The buyer calls for tender by publishing an announcement of tender/ Advertisement?for?Prequalification(招标资格预审广告)in leading newspapers. This advertisement states, apart from the specifications of the goods to be purchased, the name and address of the buyer and the time limit for the application and the conditions of trading and financial capability which applicants have to satisfy in order to be allowed to tender. Interested firms abroad which think that they satisfy the prequalification conditions will then apply to the buyer for the bidding documents (tender documents) Normally, the applicants are required to pay a certain fee for the bidding documents, The buyer will then send the documents to those applicants who, in his opinion, satisfy prequalification conditions. ? submit an formal tenderThe bidding documents are usually voluminous, setting out the specifications of the goods in detail, bidding requirements, form of the contract, contract terms, the amount of bid bond ( tender guarantee) 履约保证金 and the instructions on how and when to submit the
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