Tender Quiz

What is the primary purpose of a tender?

• To create a binding contract

• To negotiate prices

• To hire employees

• To ensure fairness and transparency

Which document outlines the terms of an agreement between a buyer and another party?

• Tender

• Proposal

• Contract

• Bill of Quantities

What does a tender typically include?

• A marketing strategy

• A project timeline

• An offer to perform work for a specified amount

• A list of employees

What is a Bill of Quantities?

• A contract between the designer and client

• A list of materials needed for a project

• A document detailing the costs of a project

• A summary of project timelines

When is a tender needed?

• For marketing a product

• For conducting surveys

• For hiring new staff

• For design construction and procurement of works

What is the role of a designer in tender preparation?

• To ignore legal terms

• To focus solely on design aspects

• To carefully compose and organize Client's requirements

• To delegate the task to others

What does the term 'procurement' refer to in the context of tenders?

• Hiring employees

• Acquiring goods and services

• Conducting research

• Marketing products

Which of the following is an example of a service in tendering?

• Supply of raw materials

• Manufacturing of goods

• Construction of buildings

• Consultancy services

What is a standard request for proposals (RFP)?

• A marketing strategy

• A project completion report

• A document for hiring employees

• A formal invitation to submit design proposal

What is the significance of transparency in the tender process?

• It increases project costs

• It ensures fairness and competitiveness

• It complicates the process

• It reduces the number of bidders