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- Tender Announcement

The tender announcement is the first step in the tendering process, where the announcing authority issues an official notice inviting interested suppliers and contractors to submit their bids for executing a project or providing a specific service. The announcement is a fundamental tool for ensuring transparency in tenders, as it provides potential participants with all the necessary information to understand the requirements and decide on participation.

The announcement includes essential details such as the name of the announcing entity, description of the project or service required, technical and financial conditions, deadlines for bid submission, and methods to obtain the tender documents. It may also contain additional information such as pre-qualification requirements, the location of project execution, and ways to contact the announcing entity.

The announcement is typically made through multiple media, including local newspapers, government agency websites, or electronic tendering platforms such as Monafaasat Etimad. The aim is to reach as many qualified suppliers as possible to ensure competitiveness and achieve the best outcomes.

The importance of the tender announcement lies in providing an equal opportunity for all competitors to apply. It also helps save time and effort for the announcing entity by attracting bids that accurately meet the project requirements.

When preparing a tender announcement, the announcing authority must ensure clarity and accuracy of all included information to avoid confusion or the exclusion of bids that do not meet the requirements due to insufficient information. It is also preferable for the announcement to include all important technical and legal details, with clarification on how to submit questions and inquiries to ensure accurate and suitable bids.

A tender announcement is not just an invitation to participate; it is a legal document that obligates the announcing entity to adhere to the announced requirements and specifications. Any amendments to the content of the announcement require an official notice to participants.

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Tenders Alerts Platform
Platform Admin
Published at
2024-11-21
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