Two-Stage Tendering. Critical aspects you need to Know

 

Two-Stage Tendering tutorial

Two-stage tendering is used to allow the early appointment of a contractor, prior to the completion of all the information required to enable them to offer a fixed price. 

Two stage tendering is used to allow the early appointment of a contractor, prior to the completion of all the information required to enable them to offer a fixed price. In the first stage, a limited appointment is agreed allowing the contractor to begin work and in the second stage a fixed price is negotiated for the contract.

In the first stage, a limited appointment is agreed allowing the contractor to begin work and in the second stage a fixed price is negotiated for the contract . 

 

Please Watch the explanation  of what a two-stage tender is and case scenario within the construction industry.

 

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