What is a Tender Notice ? | Tender Notice Includes?

What is a Tender Notice?

A tender notice is a means of expression through which contractors know where they have to bid a tender.

It shall be published so that all the concerned parties get the information in time.

Thus such tender notice shall be published in widely read newspapers or other media from where the notification reaches the concerned parties.

  Tender Notice Includes?  

A tender notice should include the following information.

✔ Date, Time, and Place of tender

✔ Name of the authorities inviting tender

✔ Nature of work and its location

✔ Time of completion

✔ Validity of the Tender

✔ Amount of earnest and security money

✔ Cost of the complete set of tender forms, condition, estimated cost, etc.