Content text ENSC 121 - LECTURE 3 - CONTRACTS AND SPECIFICATIONS.pdf
TENDERING PROCESS/ BIDDING • The tender is treated as an offer to do the work for a certain amount of money, or a certain amount of profit. • Bidding is the process of submitting a proposal to undertake or manage a project. It begins with creating a cost estimate based on blueprints and material takeoffs. NOTE: If the contractor wants to join the bid, they must read and understood the proposed contract documents, contract terms, contract plans, specifications, and other bidding documents.