Page 127 - BASIC GUIDELINE FOR QS

Professional Practice: Guideline for Quantity Surveyor Chapter 4

The minimum validity period of a tender is 90 days from the date the offer is

closed. Agencies must plan so that the decision and the offer can be made in the tender
validity period. A long validity period of time may result in a higher price offered.

4.5.4 Tender Box
Preparations to accept the tender offers are:

 Prepare the tender box;
 Place the tender box in a suitable place making it easy to put the offer

 Ensure the tender box safety
 Label the tender box with the tender number, tender description closing date

and time;
 The tender box shall have two keys held by two (2) separate officers; and
 Place all bids received in the tender box.

Figure 4.7: Tender Box

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