Redevelopment Bidding Process

 

  • Preparation of Tender for Redevelopment :

Preparation of Tender document, ”Tender” is a crucial document, which is to be designed meticulously to avoid any kind of misunderstanding/argument during the course of project. It shall contain mandatory conditions, various information’s to bidder, technical specifications, general conditions, and detailed specifications.

 

  • TENDER DOCUMENTS

PMC will first submit the draft Tender Documents.  There should be a detailed discussion on the draft report by the PMC and Managing Committee / Redevelopment Committee.  All doubts / points on the draft documents including to pre qualification Bid and financial bid must be clarified.

 

  • Study of bid and Selection of Developer :

 

 

After detailed study of various bids, considering technical and commercial angle a bid comparison chart is prepared with our recommendations. We shall assist in short-listing some developers for interview and negotiations and over mutually acceptable developer is finally selected to carry out proposed work.