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Algeria Bridges and Tunnels Tenders and Bids

Get access to latest Algeria bridge tenders and bids. Find business opportunities and government contracts for Algeria bridge tenders, Algeria bridge construction tenders, Algeria overpass construction tenders, bridge tenders, tunnel tenders, Algeria bridge work tenders, Algeria steel bridge work tenders, structure work tenders, bridging work tenders. Find Algeria bridge bids, tenders, procurement, RFPs, RFQs, ICBs. The country has enjoyed several years of strong economic performance, with solid non-hydrocarbon growth, low inflation, an overall budget surplus of 8% of GDP and a positive trade balance of 28% of GDP in 2008. Average annual non-hydrocarbon GDP growth averaged 6 percent in 2003–2007, with total GDP growing at an average of 4.5% during the same period due to less buoyant oil production in 2006–07. After having virtually eliminated external debt before 2013, the drop hydrocarbon prices and revenues has led to a large budget deficit which has been only partly offset by spending cuts. Consequently, government debt has increased to more than 30% of GDP. Inflation has remained at 3-6% on average for 2013–17. However, the economy remains highly dependent on hydrocarbons, which represent 94% of total exports; a continued slowdown of global energy demand has significantly put pressure on Algeria's fiscal and external positions. The nominal GDP in 2017 was US$167.5 billion. Algeria has enormous possibilities to boost its economic growth, including huge foreign-exchange reserves derived from oil and gas. A development strategy targeting stronger, sustained growth would create more jobs, especially for young people, and alleviate the housing shortage the country is facing. The national strategic option is therefore to revitalise the process intended to diversify the economy starting with the non-oil sector while deepening the reforms needed for the structural transformation of the economy. A bridge is a structure built to span a physical obstacle (such as a body of water, valley, road, or rail) without blocking the way underneath. It is constructed for the purpose of providing passage over the obstacle, which is usually something that is otherwise difficult or impossible to cross. There are many different designs of bridges, each serving a particular purpose and applicable to different situations. Designs of bridges vary depending on factors such as the function of the bridge, the nature of the terrain where the bridge is constructed and anchored, and the material used to make it, and the funds available to build it.

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Invitation to tender

An invitation to tender (ITT, otherwise known as a call for bids or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been previously assessed for suitability by means of a supplier questionnaire (SQ) or pre-qualification questionnaire (PQQ).

The term "notice inviting tenders" (NIT) is often used in purchasing in India.

An ITT differs from a request for quotation (RFQ) or a request for proposal (RFP), in which case other reasons (technology used, quality) might cause or allow choice of the second best offer. An RFP is a request for a price from a buyer but the buyer would also expect suggestions and ideas on how the project work should be done. RFPs are thus focused on more than just pricing/cost, they entail a bit of consulting from the contractor or vendor. The closest equivalent to an ITT in the mainstream private sector is an RFP which, since public money is not involved, typically has a less rigid structure.

Typology

Open tenders, open calls for tenders, or advertised tenders are open to all vendors or contractors who can guarantee performance.
Restricted tenders, restricted calls for tenders, or invited tenders are only open to selected pre-qualified vendors or contractors. The tender stage may form part of a two-stage process, the first stage of which (as in the expression-of-interest (EOI) tender call) was itself advertised, resulting in a shortlist of selected suitable vendors.
Sole source tenders, where only one potential supplier is invited to submit a tender.

The reasons for using restricted tenders differ in scope and purpose. Restricted tenders can come about because of:
- confidentiality issues (such as in military contracts)
- the need for expeditiousness (as in emergency situations)
- a need to exclude tenderers who do not have the financial or technical capabilities to fulfill the requirements.

A sole source tender may be used where there is essentially only one suitable supplier of the services or product.

Other types of proposal and terms in use include:
EOI - expression of interest
IFB - invitation for bids
ITN - Invitation to negotiate
ITV - invitation to vendors
RFA - request for applications
RFD - request for documentation
RFI - request for information
RFO - request for offers
RFP - request for proposal
RFQ - request for quotation or request for qualifications
RFS - request for services

The online tender process typically involves the following steps:

Publication of tender notice: The procurement agency publishes the tender notice on their website and other online platforms.
Bid submission: Suppliers access the tender documents online, prepare their bids, and submit them electronically before the deadline.
Bid evaluation: The procurement agency evaluates the bids electronically based on the evaluation criteria specified in the tender documents.
Contract award: The contract is awarded to the successful bidder, and the procurement agency notifies all bidders of the outcome.

Note that the tender process may vary depending on the procurement agency and the type of tender. Therefore, it is essential to carefully review the tender documents and follow the instructions provided.

Some portion of this article uses material from the Wikipedia article "Invitation to tender", which is released under the Creative Commons Attribution-Share-Alike License 3.0. Tags: Algeria Bridges and Tunnels Tenders, Algeria Bridges and Tunnels Bids, Algeria Bridges and Tunnels Global Tenders, Algeria Bridges and Tunnels International Tenders, RFPs, RFQs, EOI, ICBs, Contract awards.

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