Question
What is the difference between Tender and Contract? What are the different types of contract?
Answer :
Word Count : 605
_______ ______ _________ ________ ________ _________ _________ __________ ____ ___.
________ _______ _________ _______ ____ _______ _______ __________ ______.
_______ __________ ___ _______ ___.
____ _______ ___ _____ _________ ______ _________ _______ ______.
___ _______ __________ _______ ______ __________ ______ _____.
_______ _________ ____ _____ ____ ______ ____ ____ ______.
___ ___ ____ ______ __________ __________ ________ _________ ____ ___.
______ ________ ____ _________ ____ _________ ______ ________ _________ _________ __________ ____.
__________ ________ _________ ____ ___ __________ _________ ___ ___ ___.
__________ ___ ______ _____ _____ ___ ______ ___.
__________ ______ ____ ___ _____ _____ ______ ______ __________ ________ _______.
____ ________ ___ __________ _______ _____ _______ ____.
_____ ____ ______ ______ ______ __________ ____ ____ ______.
_____ _______ _____ _________ _____ ________ ___ ____.
__________ _______ _____ _________ _______.
______ ______ __________ ___ ________ ____ __________ ________ _______ ____ _____ _______.
___ ___ __________ ___ ____ ________ ____ _______ ________.
______ _______ ____ ___ ___ _____ ________ _________ ___ ______ ___.
__________ ______ _____ _________ ____ _______ ________ _____ _____ _____.
___ ___ _________ ________ ________ _____ _________ ___ ____ ____ __________ ___.
__________ _____ _______ _______ _________ ______ __________ ________ _______ ___.
_____ ____ _______ ________ __________ ___ ___ __________ __________ ________ __________ ________.
_________ ____ ____ __________ ______ _________.
_______ _____ _____ _____ ____.
__________ ________ ______ __________ ________ _______ _____ ___ _______ ____.
____ ___ ________ ______ ________ _________ ________.
______ _________ _____ ______ _____ _________ ______ ____ ___ __________ _____ _______.
_______ __________ _____ __________ __________ _______ ______ __________ ______.
____ _______ _____ ________ _________ _________ ______ __________ _____ _____ _______.
__________ ______ _________ ____ ___.
______ _______ ________ __________ ____ ___ ______.
_______ ________ _______ ___ __________ ___ _________ ___ ____ ___.
_____ ________ _____ ________ ____.
____ _________ _________ ___ _______ ________ _____ ___ ________.
___ _________ ____ ____ ______ ___ ___ __________ ___ _________ __________ _______.
_________ ________ ____ _________ ___ _________ _______ __________ ____ _________ _____.
_________ _____ _______ _______ _______ ____ _____ _________ ________ __________ ______ ______.
_____ ____ ______ ______ _________ __________ __________ _____ _________ ______.
________ ______ ______ ___ _____ ____ ____ _____ __________ ___ ______.
__________ _________ ___ ___ _____ ____ _______ __________ ______ __________ ____.
_______ _________ ____ _________ ________.
________ _____ __________ ____ ___ _____ _______ ______ _________ _________ ____.
______ ________ _____ _______ __________ _________ __________ _________ ________ ________.
__________ _________ _____ ____ __________ ________ ______ _________ ____ _____ _______ ______.
________ ________ ____ ____ _______ __________ __________ ___ _____ _____ _______ _______.
____ __________ ___ ___ ______ __________ _________ __________.
________ ______ ________ __________ __________ _______ __________ ____ _________ _____ ___.
_______ _____.
Skip in 10
In construction management, a clear distinction exists between a tender and a contract, although they are closely related stages in the procurement process. A tender is an offer submitted by a contractor in response to an invitation issued by a client or owner to execute specified work at a stated price within a stipulated time. It represents the contractor’s proposal to undertake the project under defined conditions. The tender document generally includes drawings, specifications, bill of quantities, schedule of rates, time schedule, and general and special conditions. When a contractor studies these documents and quotes a price, that submission is known as the tender. At this stage, it is only an offer and does not create a binding agreement unless it is accepted by the client. A contract, on the other hand, is a legally binding agreement formed after the acceptance of the tender by the competent authority. When the client issues a letter of acceptance or
_________ _______ __________ ________ ______ _____ _____._______ ______ _________ ________ ________ _________ _________ __________ ____ ___.
________ _______ _________ _______ ____ _______ _______ __________ ______.
_______ __________ ___ _______ ___.
____ _______ ___ _____ _________ ______ _________ _______ ______.
___ _______ __________ _______ ______ __________ ______ _____.
_______ _________ ____ _____ ____ ______ ____ ____ ______.
___ ___ ____ ______ __________ __________ ________ _________ ____ ___.
______ ________ ____ _________ ____ _________ ______ ________ _________ _________ __________ ____.
__________ ________ _________ ____ ___ __________ _________ ___ ___ ___.
__________ ___ ______ _____ _____ ___ ______ ___.
__________ ______ ____ ___ _____ _____ ______ ______ __________ ________ _______.
____ ________ ___ __________ _______ _____ _______ ____.
_____ ____ ______ ______ ______ __________ ____ ____ ______.
_____ _______ _____ _________ _____ ________ ___ ____.
__________ _______ _____ _________ _______.
______ ______ __________ ___ ________ ____ __________ ________ _______ ____ _____ _______.
___ ___ __________ ___ ____ ________ ____ _______ ________.
______ _______ ____ ___ ___ _____ ________ _________ ___ ______ ___.
__________ ______ _____ _________ ____ _______ ________ _____ _____ _____.
___ ___ _________ ________ ________ _____ _________ ___ ____ ____ __________ ___.
__________ _____ _______ _______ _________ ______ __________ ________ _______ ___.
_____ ____ _______ ________ __________ ___ ___ __________ __________ ________ __________ ________.
_________ ____ ____ __________ ______ _________.
_______ _____ _____ _____ ____.
__________ ________ ______ __________ ________ _______ _____ ___ _______ ____.
____ ___ ________ ______ ________ _________ ________.
______ _________ _____ ______ _____ _________ ______ ____ ___ __________ _____ _______.
_______ __________ _____ __________ __________ _______ ______ __________ ______.
____ _______ _____ ________ _________ _________ ______ __________ _____ _____ _______.
__________ ______ _________ ____ ___.
______ _______ ________ __________ ____ ___ ______.
_______ ________ _______ ___ __________ ___ _________ ___ ____ ___.
_____ ________ _____ ________ ____.
____ _________ _________ ___ _______ ________ _____ ___ ________.
___ _________ ____ ____ ______ ___ ___ __________ ___ _________ __________ _______.
_________ ________ ____ _________ ___ _________ _______ __________ ____ _________ _____.
_________ _____ _______ _______ _______ ____ _____ _________ ________ __________ ______ ______.
_____ ____ ______ ______ _________ __________ __________ _____ _________ ______.
________ ______ ______ ___ _____ ____ ____ _____ __________ ___ ______.
__________ _________ ___ ___ _____ ____ _______ __________ ______ __________ ____.
_______ _________ ____ _________ ________.
________ _____ __________ ____ ___ _____ _______ ______ _________ _________ ____.
______ ________ _____ _______ __________ _________ __________ _________ ________ ________.
__________ _________ _____ ____ __________ ________ ______ _________ ____ _____ _______ ______.
________ ________ ____ ____ _______ __________ __________ ___ _____ _____ _______ _______.
____ __________ ___ ___ ______ __________ _________ __________.
________ ______ ________ __________ __________ _______ __________ ____ _________ _____ ___.
_______ _____.
IGNOU ACADEMY
Your IGNOU journey, made easier.
- Solved Assignments
- Study Notes
- Guess Papers
- Question Papers
Continue Reading — It's Free
Sign in with Google to unlock more of this answer.
✓ Free access
✓ Unlock up to 60% of the answer
✓ No payment required
✓ Unlock up to 60% of the answer
✓ No payment required
Quick Google sign-in. No separate registration form.