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New Zealand Plastic and Rubber Tenders and Bids

Get access to latest New Zealand plastic rubber tenders and bids. Find business opportunities and government contracts for New Zealand plastic rubber tenders, global plastic rubber tenders, government plastic rubber tenders New Zealand, New Zealand plastic rubber tenders, New Zealand rubber tenders, New Zealand plastic bags tenders,New Zealand pvc tenders. Find New Zealand plastic bids, tenders, procurement, RFPs, RFQs, ICBs. Search for New Zealand plastic rubber tenders online. The economy of New Zealand is a highly developed free-market economy. It is the 52nd-largest national economy in the world when measured by nominal gross domestic product and the 63rd-largest in the world when measured by purchasing power parity. New Zealand has a large GDP for its population of 5 million, and sources of revenue are spread throughout the large island nation. The country has one of the most globalised economies and depends greatly on international trade – mainly with Australia, Canada, China, the European Union, Japan, Singapore, South Korea and the United States. New Zealand's diverse economy has a sizable service sector, accounting for 63% of all GDP activity as of 2013. Large-scale manufacturing industries include aluminium production, food processing, metal fabrication, wood and paper products. Mining, manufacturing, electricity, gas, water, and waste services accounted for 16.5% of GDP as of 2013. The information technology sector is growing rapidly. The major capital market is the New Zealand Exchange. As of February 2014, NZX had a total of 258 listed securities with a combined market capitalisation of NZD $94.1 billion. New Zealand's currency, the New Zealand dollar also circulates in four Pacific Island territories. The New Zealand dollar is the 10th-most traded currency in the world. Plastics are a wide range of synthetic or semi-synthetic materials that use polymers as a main ingredient. Their plasticity makes it possible for plastics to be moulded, extruded or pressed into solid objects of various shapes. This adaptability, plus a wide range of other properties, such as being lightweight, durable, flexible, and inexpensive to produce, has led to its widespread use. Plastics typically are made through human industrial systems. Most modern plastics are derived from fossil fuel-based chemicals like natural gas or petroleum; however, recent industrial methods use variants made from renewable materials, such as corn or cotton derivatives.

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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: New Zealand Plastic and Rubber Tenders, New Zealand Plastic and Rubber Bids, New Zealand Plastic and Rubber Global Tenders, New Zealand Plastic and Rubber International Tenders, RFPs, RFQs, EOI, ICBs, Contract awards.

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