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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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Have you ever participated in a two-stage tender process? Comment below with your experience of the process.
