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Part II Technical Cum Unpriced Commercial Bid

Part II Technical Cum Unpriced Commercial Bid 2025

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The document is a Notice Inviting Tender (NIT) for the waterproofing of roofs of plant and non-plant buildings at the RCF Trombay Factory using PMB Membrane. It outlines the tender submission process, including requirements for technical and price bids, Earnest Money Deposit (EMD), and various compliance documents. The scope of work, safety regulations, and conditions for execution are detailed, along with guidelines for a reverse auction process to finalize the procurement. The document emphasizes adherence to specifications, timelines, and legal obligations throughout the project.

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What is a commercial tender?

A commercial tender is a tender in which companies compete to supply goods or services to an entity, which may be governmental, public or international.

What is an unpriced commercial bid?

The Unpriced Bid shall contain all techno-commercial details except the prices/costs. The rate and amount columns in the unpriced technical bid must be kept blank. The Price Bid must contain the price schedule and the bidders commercial terms and conditions.

What is technical bid and commercial bid?

Technical bid is the level where the bidder proves that he meets the technical specifications outlined in the tender advertisement. While of the cost related commercial bids emphasize on price and cost elements, technical bids assess other aspects such as quality, conformities, experience and capability.

What is the difference between technical proposal and commercial proposal?

Technical Proposal Submission Outline the execution plan, methodology, milestones, and compliance. Commercial Proposal Submission Provide cost breakdowns, materials, labor, and payment terms. Compliance and Legal Documentation Submit certifications, safety policies, and insurance documents.