Single Bid System: In single bid system all vendors who had submitted the financial bids will be considered for evaluation (ranking) at the time of financial bid opening. In this case name of all vendors will come in the comparative statement but their bids may be Technically Suitable or not.
Double Bid System: In double bid system first tender opening officials assign the tender to a Technical Member (Convener) for evaluation of technical bids. Technical member evaluates the technical bids submitted by vendors and mark either Technically Suitable or Technically Unsuitable against each and every vendor. The technical member also assigns a new date/time to tender for financial bids opening. At the time of financial bid opening only those vendors will be considered for evaluation (ranking) who had submitted financial bids and found technically suitable by the technical member.
Note: Single Bid System also called One Packet System and Double Bid System also called Two Packet System.
What type of help you need?
Are you facing any problem during tender submission?
Hello Admin, Please let me know that what is the minimum number of Agency who needs to drop tender for a particular work to open?
Hello... Can anyone tell me that what are the documents required to place a tender?
It depends on the tender document and tender conditions, please follow the instructions/conditions given in the tender document.
Please let me know that what is the minimum number of Agency who needs to drop tender for a particular work to open?
Hello.. Can anyone please tell me that is fraction bidding allowed while placing a tender in railway?
Can anyone help me out in getting the answer that within how many days EMD gets refund for unsuccessful tender in railway.
If tender not awarded to you then EMD amount will be returned to you. For reversal/refund of the EMD amount, you need to contact the concerned railway department which published the tender.
Currently, EMD refund process is manual and time is taken in EMD refund process totally depends on the concerned railway department.
Hello Admin, Can you please tell me that is fraction bidding allowed for example like 7.5?
It is allowed, you can submit your rates like 7.5, 100.20 etc.
Hello Admin, Can you please confirm me that whether the credential criteria (which is currently 35% of similar nature of work) is going to get changed in upcoming days?