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What are technical bids and commercial bids?

The technical bid is the last link in the bid. When it comes to construction projects, it includes all construction organization and design content, which is used to evaluate the bidder's technical strength and construction experience. The commercial bid is the business-related part of the bid, including the bid letter, quotation list, construction period, etc. The bidding document consists of two parts: the commercial part and the technical part.

Extended information:

Tender notes:

1. The writing of the tender requires seeking truth from facts, being specific, clear, accurate and punctual.

2. Project bids are usually divided into three parts: technical bid, commercial bid and qualification certification documents.

Technical bid: It is mainly reflected in the construction organization design, that is, the main construction process and technical specifications of the bid. When evaluating bids, technical bids generally account for 30%.

Business bid: It is mainly the budget quotation part, that is, the cost of the entire project is quoted based on itself and external conditions. The commercial bid is the top priority of the entire bidding. When evaluating bids, the commercial bid generally accounts for 70%.

Qualification certification documents: based on relevant qualification level requirements of enterprises, personnel, machinery, etc. The qualification certification documents mainly review whether the company has the qualifications to bid, win the bid, and complete certain engineering projects.

Reference: Baidu Encyclopedia-Tendering