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China Roads and Highways Tenders and Bids

Get access to latest China roads highways tenders and bids. Find business opportunities and government contracts for China roads highways tenders, Government roads highways tenders China, global roads and highways tenders, China road construction tenders, China highway construction tenders, China concrete construction tenders, road highway construction tenders. Find China road highway bids, tenders, procurement, RFPs, RFQs, ICBs. The economy of the People's Republic of China is a developing market-oriented mixed economy that incorporates economic planning through industrial policies and strategic five-year plans. Dominated by state-owned enterprises and mixed-ownership enterprises, the economy also consists of a large domestic private sector and openness to foreign businesses in a system described as a socialist market economy.State-owned enterprises accounted for over 60% of China's market capitalization in 2019 and generated 40% of China's GDP of US$15.66 trillion in 2020, with domestic and foreign private businesses and investment accounting for the remaining 60%.As of the end of 2019, the total assets of all China's SOEs, including those operating in the financial sector, reached US$78.08 trillion. Ninety-one of these SOEs belong to the 2020 Fortune Global 500 companies. China has the world's second largest economy when measured by nominal GDP, and the world's largest economy since 2014 when measured by Purchasing Power Parity. It has been the second largest by nominal GDP since 2010, with data relying on fluctuating market exchange rates. A forecast states that China will become the world's largest economy in nominal GDP by 2028. Historically, China was one of the world's foremost economic powers for most of the two millennia from the 1st until the 19th century. The government began its economic reforms in 1978 under the leadership of Deng Xiaoping. As a result, China has the world's fastest-growing major economy, with growth rates averaging 10% over 30 years. China has four of the world's top ten most competitive financial centers, more than any other country. China has three of the world's ten largest stock exchanges, both by market capitalization and by trade volume. As of 12 October 2020, the total market capitalization of Mainland Chinese stock markets, consisting of the Shanghai Stock Exchange and Shenzhen Stock Exchange, topped US$10 trillion, excluding the Hong Kong Stock Exchange, with about US$5.9 trillion. As of the end of June 2020, foreign investors had bought a total of US$440 billion in Chinese stocks, representing about 2.9% of the total value, and indicating that foreign investors scooped up a total of US$156.6 billion in the stocks just in the first half of 2020. The total value of China's bond market topped US$15.4 trillion, ranked above that of Japan and the U.K., and second only to that of the U.S. with US$40 trillion, as of the beginning of September 2020. As of the end of September 2020, foreign holdings of Chinese bonds reached US$388 billion, or 2.5%, of the total value, notwithstanding an increase by 44.66% year on year. A road is a linear way for the conveyance of traffic that mostly has an improved surface for use by vehicles (motorized and non-motorized) and pedestrians. Unlike streets, the main function of roads is transportation. There are many types of roads, including parkways, avenues, controlled-access highways (freeways, motorways, and expressways), tollways, interstates, highways, thoroughfares, and local roads. Major modern highways that connect cities in populous developed and developing countries usually incorporate features intended to enhance the road's capacity, efficiency, and safety to various degrees. Such features include a reduction in the number of locations for user access, the use of dual carriageways with two or more lanes on each carriageway, and grade-separated junctions with other roads and modes of transport. These features are typically present on highways built as motorways (freeways).

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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: China Roads and Highways Tenders, China Roads and Highways Bids, China Roads and Highways Global Tenders, China Roads and Highways International Tenders, RFPs, RFQs, EOI, ICBs, Contract awards.

Summary:
Xichuan County Housing And Urban-Rural Development Bureau Fengzi West Road Construction Project Supervision Project-Correction Announcement
Sector:
Architecture,Infrastructure and construction,Roads and Highways,Management, business and administration
Country:
China
 
Notice Type:
Invitation for Bids
Deadline:
10 Jun 2023
Summary:
Yichuan County People'S Government Chengguan Subdistrict Office 2023 Yehuling Pavement Reconstruction Project Of Chengguan Subdistrict, Yichuan County
Sector:
Roads and Highways
Country:
China
Estimated Cost:
CNY 1360601
Notice Type:
Invitation for Bids
Deadline:
10 Jun 2023
Summary:
Road Construction Project In Zhujiazhuang Village, Zhangguanying Town
Sector:
Infrastructure and construction,Roads and Highways
Country:
China
Estimated Cost:
CNY 680423
Notice Type:
Invitation for Bids
Deadline:
10 Jun 2023
Summary:
Jiyuan City Public Security Bureau Traffic Management Detachment'S 2023 Urban Road Renovation Full-Time Security Personnel Service Project
Sector:
Services,Security Services,Transportation,Roads and Highways
Country:
China
Estimated Cost:
CNY 1216800
Notice Type:
Invitation for Bids
Deadline:
10 Jun 2023
Summary:
Song County Rural Road Management Office Song County 2023 Second Batch Of Rural Road Restorative Maintenance Projects
Sector:
Infrastructure and construction,Services,Roads and Highways
Country:
China
Estimated Cost:
CNY 443
Notice Type:
Request For Expressions of Interest
Deadline:
10 Jun 2023
Summary:
2023 Rural Road Maintenance Project Of Song County Rural Road Management Institute
Sector:
Roads and Highways,Services
Country:
China
Estimated Cost:
CNY 625
Notice Type:
Request For Expressions of Interest
Deadline:
10 Jun 2023
Summary:
2022 Rural Road Incentive Award Subsidy Fund Project Of Huangtaigang Town People'S Government, Wancheng District, Nanyang City
Sector:
Infrastructure and construction,Roads and Highways
Country:
China
Estimated Cost:
CNY 120
Notice Type:
Request For Expressions of Interest
Deadline:
10 Jun 2023
Summary:
Kejing Town People'S Government Of Jiyuan City 2023 Kejing Town Chadian Village Road Construction Project
Sector:
Infrastructure and construction,Roads and Highways
Country:
China
Estimated Cost:
CNY 100
Notice Type:
Request For Expressions of Interest
Deadline:
10 Jun 2023
Summary:
Zhumadian City Yicheng District Transportation Bureau'S First Batch Of Rural Road Dangerous Bridge Reconstruction Projects In 2023
Sector:
Infrastructure and construction,Transportation,Roads and Highways,Bridges
Country:
China
 
Notice Type:
Request For Expressions of Interest
Deadline:
10 Jun 2023
Summary:
Announcement On The Correction Of The Audit Results Of The Completion And Settlement Of The Yangming District Rural Road Construction Project Of The Yangming District Transportation Bureau Of Mudanjiang City (The First Time)
Sector:
Infrastructure and construction,Roads and Highways,Transportation
Country:
China
 
Notice Type:
Invitation for Bids
Deadline:
11 Jun 2023