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Bahrain Chemicals Tenders and Bids

Get access to latest Bahrain chemicals tenders and bids. Find business opportunities and government contracts for Bahrain chemicals tenders, global Bahrain chemical tenders, Bahrain government chemical tenders, activated carbon tenders, Bahrain fertilizer tenders, Bahrain pesticide tenders, Bahrain natural gas tenders, disinfectants tenders, sulphate tenders. Find Bahrain chemicals bids, tenders, procurement, RFPs, RFQs, ICBs. Search for Bahrain chemicals tenders online. The economy of Bahrain is heavily dependent upon oil and gas. The Bahraini Dinar is the second-highest-valued currency unit in the world. Since the late 20th century, Bahrain has heavily invested in the banking and tourism sectors. The country's capital, Manama is home to many large financial structures. Bahrain's finance industry is very successful. In 2008, Bahrain was named the world's fastest growing financial center by the City of London's Global Financial Centres Index. Bahrain's banking and financial services sector, particularly Islamic banking, have benefited from the regional boom driven by demand for oil. Petroleum is Bahrain's most exported product, accounting for 60% of export receipts, 70% of government revenues, and 11% of GDP. Aluminium is the second most exported product, followed by finance and construction materials. According to the 2020 Index of Economic Freedom, Bahrain has the fourth freest economy in the Middle East and North Africa region and is the 63rd freest economy in the world. An alternative index, published by the Fraser Institute, puts Bahrain in 70th place. Bahrain was recognised by the World Bank as a high income economy. The chemical industry comprises the companies that produce industrial chemicals. Central to the modern world economy, it converts raw materials (oil, natural gas, air, water, metals, and minerals) into more than 70,000 different products. The plastics industry contains some overlap, as some chemical companies produce plastics as well as chemicals. Various professionals are involved in the chemical industry including chemical engineers, chemists and lab technicians.

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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: Bahrain Chemicals Tenders, Bahrain Chemicals Bids, Bahrain Chemicals Global Tenders, Bahrain Chemicals International Tenders, RFPs, RFQs, EOI, ICBs, Contract awards.
Summary:
Q67780 (56)Procurement Of Replacement Motors For Obsolete High Voltage Motors In Low Sulphur Fuel Oil (Lsfo) Complex
Country:
Bahrain
 
Notice Type:
Tender Notice
Deadline:
24 Dec 2023
Posting Date:
27 Nov 2023
 
 
 
Summary:
Procurement Of Replacement Motors For Obsolete High Voltage Motors In Low Sulphur Fuel Oil (Lsfo) Complex
Country:
Bahrain
 
Notice Type:
Tender Notice
Deadline:
24 Dec 2023
Posting Date:
27 Nov 2023
 
 
 
Summary:
Supply Of Lube Oil For Alstom Gas Turbine Type 13Dm
Country:
Bahrain
 
Notice Type:
Tender Notice
Deadline:
12 Dec 2023
Posting Date:
20 Nov 2023
 
 
 
Summary:
Supply Of High Aromatic Naptha
Country:
Bahrain
 
Notice Type:
Tender Notice
Deadline:
10 Dec 2023
Posting Date:
17 Nov 2023
 
 
 

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