What is Contracts? When two or more persons have common intention communicated to each other to create same topic & done the agreement that is called.

Slides:



Advertisements
Similar presentations
How-To Set Your Own Price and Save BIG Money! How-To Set Your Own Price and Save BIG Money!
Advertisements

Introduction to Measure – How to Measure Savings and Show Value.
CONTRACT A binding agreement between two or more parties for performing, or refraining from performing, some specified act(s) in exchange for lawful consideration.
Ch-2 Proposals and Contracts. Introduction Many issues have to be handled in a contract and a proposal including legal concerns, commercial arrangements.
Abstract: This chapter mainly tells about the concept and characteristic of various trade forms; main contents of various trade agreement; and issues of.
Nabil dmaidi1 Miller Act H Enacted in 1935 H Federal Contracts over $25,000 H Contractor shall provide Bonds H Performance Bonds in the amount to protect.
Presented by: Kathryn Hodges, NH
Chapter 3 Project Initiation
Selecting A Contractor - Types Of Tendering. Requirements of the Contractor Has experience with the type of project to be developed. Is able to cope with.
Project Procurement Management
Chapter 5 B2B E-Commerce.
UNICEF Medicines Supply Strengthening WHO Technical Briefing Seminar on Essential Medicines and Health Products Tuesday 29 October 2013 Technical Specialist.
E-Marketplaces: Structures and Mechanisms
Step 1 Select good to buy Step 2 Select quantity to buy Step 3 Click “Buy” to purchase the item selected Remember, prices will change over time Step 4.
Chapter 3 Project Initiation. The stages of a project  Project concept  Project proposal request  Project proposal  Project green light  Project.
INTRODUCTION TO PUBLIC PROCUREMENT
SURETY BONDS 101 The Basics of Bonding. Surety Bonds 4 A surety bond is an instrument under which one party guarantees to another that a third will perform.
BUSINESS BUYER BEHAVIOR
Sole Source Training.
CIVL202 Construction Engineering I Tutorial 2 T1Mon11:00 – 11:50 T2Wed09:00 – 09:50.
LESSONS ENTREPRENEURSHIP: Ideas in Action© SOUTH-WESTERN PUBLISHING Chapter 2 SELECT A TYPE OF OWNERSHIP An Existing Business A Franchise.
Monitoring and Evaluation in Humanitarian Aid: Quality Procedures PROJECT – STRAND 1 – Training and Capacity Building.
ACE, ECCE & EFCA SEMINAR 21 October 2004 New EU Public Procurement Directive: EUROPEAN HARMONISATION OF PROCUREMENT PRACTICES IN THE SECTOR OF THE ENGINEERING.
Overall Considerations
IBM Global Consulting Services © Copyright IBM Corporation 2006 Working with Large Industry Partners presented by Sue Horton Alliance Texas June 29, 2006.
GLOBAL TRADE SOLUTIONS, INC OFFSET OVERVIEW. 2 OFFSET DEFINITIONS THE OEM OBLIGATOR AND ITS SUPPLIERS’ BUSINESS TRANSACTIONS WITH FOREIGN INDUSTRY RELATING.
Doing Business in India Acme Manufacturing Company Auburn Hills MI USA.
PROMOTING TECHNOLOGY TO INDUSTRY Technology transfer objectives: enhance commercial value of invention promote technology to partner / investor identify.
12-1 Project Management from Simple to Complex This work is licensed under the Creative Commons Attribution-Noncommercial-Share Alike 3.0 Unported.
Chapter 6 Sourcing. Objectives After reading the chapter and reviewing the materials presented the students will be able to: Explain the difference between.
U.S. Qualified Supplies 2.0 Partner Program
Purchasing. Objective The basic objective of the purchasing function is to ensure continuity of supply of raw materials, sub-contracted items and spare.
To start a new business, buy an existing business, or buy a Franchise
B2B E-Commerce Characteristics
E-Marketplaces: Mechanisms, Tools, and Impacts of E-commerce.
Initiating Interactive Projects 1 Chapter - 2. Overview Another key challenge for both the design profession and its business partners is to accept the.
July 2013 What you need to know about procuring suppliers Deborah Ramshaw and Lois Shield.
YOUR PROPOSAL CAN LEAD TO CONTRACT AWARDS
Target Cost –Price Determined by Market Target Selling Price- Cost Plus Pricing Time and Material Pricing Transfer Pricing *Negotiated *Cost-based.
E-Commerce: Mechanisms, Infrastructures, and Tools.
Phoenix Technology Solutions Products At the highest level, the products offered by Phoenix Technology Solutions are: IT Project/Programme Management.
12.1 Plan Procurement: Introduction
L E A D M A N A G E M E N T P R O C E S S (L M P) I N T E G R A T E D M A R K E T I N G B U S I N E S S O P T I M I Z A T I O N 1 Dealer close rates vary.
e-Branding India Technologies provides one of the most demanding All India Doctors Database. This database has more than 3 lacs entries. This database.
City of Cambridge Date: Monday, December 10 th, 2012 Presenter: Shelene Sinclair, Manager, Government Relations.
Contact address : Specto it consulting India: id:
Performance Transformation Culture Increased Competition = Lower Cost to Taxpayers Replenishment Parts Purchase or Borrow Program RPPOB.
IBM Global Business Services © Copyright IBM Corporation 2007 Working with Large Industry Partners presented by Jana Haas Alliance West 2007 San Jose,
e-Branding India Technologies provides one of the most demanding All India Advertising Agencies Database. This database has more than 20thousand entries.
FINAL PROJECT 7TH SEMESTER ARCHITECTURAL TECHNOLOGY AND CONSTRUCTION MANAGEMENT M ARTA G AGO P ENALBA PROJECT : 32 DWELLINGS IN VEJLEVEJ.
Building Capacity of SMEs for Participation in Public Procurement Draft Presentation for Training of Trainers June 2014.
SME Small & Medium Scale Enterprise
The most common methods to use to obtain pricing. VERBAL QUOTES REQUEST FOR INFORMATION REQUEST FOR PROPOSAL REQUEST FOR QUOTATION INVITATION TO BID REVERSE.
Construction Tender Process Tender steps between Client, Contractor and Subcontractor Dr A Kimmance.
Principles of Business & Finance Objective 4.02
My Price Lists Options Quote for business
Industrial Marketing also known as Business to Business Marketing (B2B) Industrial Marketing involves the sale of goods by one business to other businesses.
Operations Management
B2B E-Commerce CIS 579 – Technology of E-Business
Replenishment Parts Purchase
Improving Community Safety through procurement practice and process Tim Oakley Head of Consultancy Trusted procurement for better buildings and homes.
Cooperation between CERN and Ukrainian Industries 2017
B2B E-Commerce Chapter 2.
Industrial Purchasing System A method used by businesses to buy products and/or services. A purchasing system manages the entire acquisition process, from.
BEPS Action Plan 7 Preventing the Artificial Avoidance of Permanent Establishment Status Prepared by: Jalaj Gupta Head – International Tax SP Chopra &
Chapter 14 Sourcing Decisions in a Supply Chain
SELECTION OF BUYERS FOR STATE OWNED COMMODITY TRANSPARENCY
The project´s specifications, and the connection between the contract´s different specifications.
Principles of Business & Finance Objective 4.02
Best Social Media Management Company In London
Presentation transcript:

What is Contracts? When two or more persons have common intention communicated to each other to create same topic & done the agreement that is called Contracts. Types of Tenders Contracts 1.Open Tender 2.Single Tender 3.Negotiated Tender 4.Item Rate Tenders Tenders Contracts Definition Submitting a tender is common for businesses supplying goods or services to other businesses or the public sector.

Open Tender: Open tender is an arrangement where an advertisement in local newspapers or trade journals invites contractors to apply for tender documents. Open Tender is a transparent process which ensures that only the contractor with the best price and meeting all the technical requirements will win the tender. Single Tender: Single Tendering means sending the Tender to one particular party. Normally, it is either for an item where there is only one supplier or for an item where the purchaser has developed confidence in one supplier only and would just like to verify the current price, delivery etc. Single Tenders are also sent for items of proprietary nature. I Types of Tenders Contracts

Negotiated Tender: Under Negotiated Tender method normally one contractor is approached and such tender mainly used for specialist work such as lift system or airport project at big level, in such case there are limited number of contractor who do such work in the market. It is based on one-to-one discussion with contractors to negotiated the terms of contract. Item Rate Tenders: In this type of Tenders the contractors are required to quote the rates for each item mentioned in the price bid. The quantity to be executed is given in the price bid. Types of Tenders Contracts

Contracts Form 1.Completion Contract : The completed contract method is used to recognize all of the revenue and profit associated with a project only after the project has been completed. 1.Term Contract Purchase contract that continues for a specified fixed period usually not less than one year and not more than ten years.

Contractor Connect Contractors who win projects are potential targets for Suppliers / OEMs / Sub- Contractors / Man-Power Consultants etc. The Key value of this service is to connect each of these groups to the contractors winning projects. In addition to connecting these groups, consulting is also provided where necessary and we see them through the deal. The key strength of Africa Gateway is the linking that we can do right from the time a project is announced until it is won by companies. Africa Gateway's huge virtual market place with more than 8,00,000 companies and the technology brings this value to the table.

Supplier Connect Option of connecting with OEM's and Third Party Suppliers / Distributors Analysis of OEMs and Suppliers. Matching with the requirements in terms of previous project supply, cost and quality Engaging the OEMs and Suppliers. Taking the order on behalf of the customer and coordinating for effective price.

Contact US 202, Eden Rose Shopping Centre, Beverly Park, Kanakia Road, Mira Road (East), Thane , India, Phone : THANK YOU