Bidding Documentation means Tender Dossier intended for project owners and Bidding Dossier intended for businesses or individuals participating in competitive bidding. Bidding Documentation are the legal basis for the contracting parties to perform the contract.
Tender Dossier is documents issued by an investor to provide requirements for a project as a basis for contractors and investors to prepare competitive bids.
Investors normally will engage qualified consulting companies to advise on the preparation of documents. This selection of consultants may also be made through a competitive public tender process.
Bidding Dossier are documents prepared by contractors or investors to participate in competitive bidding for a particular bidding package. Businesses, investors or individuals may form a consortium of contractors to jointly meet the following requirements of the Bidding Dossier.
Today, bidding arrangement is performed in a widely in a competitive manner, attracting international contractors to participate in bidding packages in Vietnam in search of optimal technology and competitive prices. Therefore, when the investor announces a bidding package, it will often included in many international languages. Conversely, international bidders are also required to provide a bilingual translation of their bids.
Bid Documents are often template-specific, but content can be tailored to each project and sector. Therefore, when translating Bidding documentation, stay alert on a few things to ensure your success winning the project:
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