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Dominican Republic Retail Tenders and Bids

Get access to latest Dominican Republic building tenders and bids. Find business opportunities and government contracts for Dominican Republic building tenders, government building tenders, building global tenders, building government contracts, Dominican Republic building projects, building ICBs, etenders building, Dominican Republic building public tenders, Dominican Republic construction tenders. Find Dominican Republic building bids, tenders, procurement, RFPs, RFQs, ICBs. The economy of the Dominican Republic is the seventh largest in Latin America, and is the largest in the Caribbean and Central American region. The Dominican Republic is an upper-middle income developing country with important sectors including mining, tourism, manufacturing (medical devices, electrical equipment, pharmaceuticals, and chemicals), energy, real estate, infrastructure, telecommunications and agriculture. The Dominican Republic is on track to achieve its goal of becoming a high-income country by 2030, and is expected to grow 79% in this decade. The country is the site of the single largest gold mine in Latin America, the Pueblo Viejo mine. Although the service sector is currently the leading employer of Dominicans (due principally to growth in tourism and free-trade zones), agriculture remains an important sector in terms of the domestic market and is in second place (behind mining) in terms of export earnings. Tourism accounts for more than $7.4 billion in annual earnings in 2019. Free-trade zone earnings and tourism are the fastest-growing export sectors. A leading growth engine in the Free-trade zone sector is the production of medical equipment for export having a value-added per employee of $20,000 USD, total revenue of $1.5 billion USD, and a growth rate of 7.7% in 2019. The medical instrument export sector represents one of the highest-value added sectors of the country's economy, a true growth engine for the country's emerging market. Remittances are an important sector of the economy, contributing $8.2 billion in 2020. Most of these funds are used to cover household expenses, such as housing, food, clothing, health care and education. Secondarily, remittances have financed businesses and productive activities. Thirdly, this combined effect has induced investment by the private sector and helps fund the public sector through its value-added tax. The combined import market including the free-trade-zones amounts to a market of $20 billion a year in 2019. The combined export sector had revenues totaling $11 billion in 2019. The consumer market is equivalent to $61 billion in 2019. An important indicator is the average commercial loan interest rate, which directs short-term investment and stimulates long-term investment in the economy. It is currently 8.30%, as of June 2021. Building construction is the process of adding structures to areas of land, also known as real property sites. Typically, a project is instigated by or with the owner of the property (who may be an individual or an organisation); occasionally, land may be compulsorily purchased from the owner for public use. Residential construction may be undertaken by individual land-owners, by specialist house-builders, by property developers, by general contractors, or by providers of public or social housing (e.g.: local authorities, housing associations). Where local zoning or planning policies allow, mixed-use developments may comprise both residential and non-residential construction (e.g.: retail, leisure, offices, public buildings, etc.). Depending upon the type of building, non-residential building construction can be procured by a wide range of private and public organisations, including local authorities, educational and religious bodies, transport undertakings, retailers, hoteliers, property developers, financial institutions and other private companies. Most construction in these sectors is undertaken by general contractors.

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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: Dominican Republic Retail Tenders, Dominican Republic Retail Bids, Dominican Republic Retail Global Tenders, Dominican Republic Retail International Tenders, RFPs, RFQs, EOI, ICBs, Contract awards.
Summary:
Acquisition Of School Furniture For The Equipment Of The Educational Centers Of The 18 Regional Education Regions Of The Country.
Country:
Dominican Republic
Estimated Cost:
DOP 1008175887
Notice Type:
Tender Notice
Deadline:
01 Jul 2024
Posting Date:
17 May 2024
 
 
 
Summary:
Acquisition Of Hardware Materials.
Country:
Dominican Republic
Estimated Cost:
DOP 1446928
Notice Type:
Tender Notice
Deadline:
21 May 2024
Posting Date:
17 May 2024
 
 
 
Summary:
Acquisition Of Hardware Materials And Paint
Country:
Dominican Republic
Estimated Cost:
DOP 456396
Notice Type:
Tender Notice
Deadline:
21 May 2024
Posting Date:
17 May 2024
 
 
 
Summary:
Acquisition Of Souvenirs
Country:
Dominican Republic
Estimated Cost:
DOP 680000
Notice Type:
Tender Notice
Deadline:
21 May 2024
Posting Date:
17 May 2024
 
 
 
Summary:
2Nd Call For The Acquisition Of Furniture For The Office And Reception Of The Isfodosu Rectorate.
Country:
Dominican Republic
Estimated Cost:
DOP 626996
Notice Type:
Tender Notice
Deadline:
21 May 2024
Posting Date:
17 May 2024
 
 
 
Summary:
Acquisition Of Appliances And Gas Cylinders
Country:
Dominican Republic
Estimated Cost:
DOP 2628589
Notice Type:
Tender Notice
Deadline:
24 May 2024
Posting Date:
17 May 2024
 
 
 
Summary:
Printing Service For Receipt And Sales Stubs To Be Used In The Cotuí, Vmm Office.
Country:
Dominican Republic
Estimated Cost:
DOP 45000
Notice Type:
Tender Notice
Deadline:
17 May 2024
Posting Date:
17 May 2024
 
 
 
Summary:
Dual Fridge (Electric / Lpg Gas) 12 Cubic Feet, For Use Of The Srsm.Ra Vaccine Storage
Country:
Dominican Republic
Estimated Cost:
DOP 1000000
Notice Type:
Tender Notice
Deadline:
21 May 2024
Posting Date:
17 May 2024
 
 
 
Summary:
Repair And/Or Part Replacement Service For The Indotel Center Elevator Alarm System.
Country:
Dominican Republic
Estimated Cost:
DOP 15000
Notice Type:
Tender Notice
Deadline:
16 May 2024
Posting Date:
17 May 2024
 
 
 
Summary:
Acquisition Of Disposables
Country:
Dominican Republic
Estimated Cost:
DOP 350855
Notice Type:
Tender Notice
Deadline:
21 May 2024
Posting Date:
17 May 2024
 
 
 

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