what is meaning of close tender in management construction?
116650
Open tender is the international equivalent to a Bid Openining in the United States, so Close tender would probably be when the bid closes prior to the award of the contract (US) or Issuance of the Letter of Acceptance (international/FIDIC)\n\nEdit: There is another possible definition without knowing the context.  Close(d) Tender may mean a tender/bid that is only open for select parties to enter a tender/submit a bid on.  In the U.S. this is only found on private projects because the law requires that for public projects that all bids are open to any one who chooses to bid on them and that the contract will be awarded to the lowest responsible bidder (meaning that they have their bonds, insurance, etc in order and submitted the bid per the requirements of the contract documents).
677212
Letter of Intent\n\nKind of like a pre-contract where you agree to purchase (real property or goods) at certain basic terms, with the rest of the terms to be agreed in the final contract.
938314
There are many ways of bidding. The simplest way to create a bid is to look at a retail store bill or car service bill which would give all the components that need to go on a bid: starting from the date, company name......Manager's sign, terms and condition.\n\nTypically in a construction project the bid elements would include : materials and supplies, overheads on materials (inventory costs etc.,) labor and its overheads, profit % tax on materails and labor (if any), VAT and finally total cost. \n\nTop the bid details with a covering letter, stating the intent, your understanding of the scope of work, time lines, why you feel you qualify better than others, and what you would deliver best if you are awarded the project.
730228
It means to carry through with an agreement.\nI agree to pay for a car, and the finance company wants me to "hold up to my end of the bargain" by making the payments.
231149
its a code that every public business has to abide by for sanitary reasons. if they do not have the open front toilet seats they will have points taken off of their heath inspection i believe it is called. might be able to find out more from city hall in your town.
911191
I don't know if the laws vary by state or not, but here's how it works in Texas.  The survey is addressed in paragraph 6-C of the contract.  There are 3 choices.  Choices 2 and 3 require a new survey be ordered at either buyer or seller's expense.  Choice 1 requires that the seller produce their old survey, with a signed affidavit stating that there have been no changes done to the property, within an agreed number of days.  If it's not acceptable to either the lender or title company, then there's a choice as to who will pay for the new one.  The last sentence is a kicker - "If Seller fails to furnish the existing survey or Affidavit within the time prescribed, Buyer shall obtain a new survey at Seller's expense no later than 3 days prior to the Closing Date."\n\nIt's a touchy situation at best, but you need to keep in mind the PURPOSE of the survey.  It's not only to tell you where the fence is - it also tells if there is anything inside of easements (sheds, pools, carports, patios, etc.) if the seller has added anything to the property, then the old survey is no longer an accurate representation of what's there.  The title company is going to insure that you can use the property the way it is, and the lender shouldn't lend unless they know that there is nothing in the easements too.\n\nAlso, if something WAS added to the yard - like a $85,000 inground pool - then YOU want to make sure it's not in any kind of easement.  If it gets past everybody in this sale, and gets caught when you sell, then you will be left keeping the property, or selling at a reduced price.\n\nOne last thing - sometimes the title company will not accept the survey if the copy they have is not signed by the surveyor.  For a fee (less than the cost of a new survey) the original company may sign it for you.  Provided they can verify that no changes have been made.
1135730
An EPCI contract (Engineering, Procurement, Construction, and Installation) is normally used on large projects that have a srtict deadline.  The EPCI contractor takes a significant risk by fully ownig the project until they turn it over to the purchaser.  Such as an Infrastructure Project (e.g., road, rail link, bridge, water or sewage treatment plant, transmission line, even dam or hydropower plant) or similar where the Employer - who provides the finance - wishes to implement the Project on a Fixed-Price Turnkey Basis.\n\nThen the Employer wishes the Contractor to take total responsibility for the design and construction of the infra-structure facility, and the Employer wishes a higher degree of certainty that the agreed contract price and time will not be exceeded, except that if underground works in uncertain or difficult ground conditions are likely then the risk of unforeseen ground conditions should be borne by the Employer, and the Employer wishes - or is used to - the Project being organized on a strictiy two party approach, i.e. without an "Engineer" being involved, and the Employer does not wish to be involved in the day-to-day progress of the construction work, provided the end result meets the performance criteria he has specified, and the Employer is willing to pay more for the construction of his Project (than would be the case if the Conditions of Contract for Plant and Design-Build were used) in return for the Contractor bearing the extra risks associated with enhanced certainty of final price and time.
625995
Without seeing the context, it's hard to say.\n\nBut it could mean an inspection, a pest report, an appraisal--those are all outside vendors, a 3rd party, someone not involved in the buying or selling of the property who would verify something.  So perhaps a pest report needs to be attached or something like that.  Are you working with an agent?  Ask them.  good luck!
248728
"Final random inspections" are conducted after production is completed. Random samples are selected according to a statistical random-sampling program. \n\nMilitary Standard (MIL-SID) 105E is widely used throughout the world. It provides good standards for a variety of sampling methodologies, including FRI.\n\nFor example, MIL-STD 105E defines what a "lot" or "batch" is for inspection purposes:\n\n"Lot or Batch - The term lot or batch shall mean "inspection lot" or "inspection batch", i.e. a collection of units of product from which a sample is to be drawn and inspected and may differ from a collection of units designated as a lot or batch for other purposes (e.g.: production, shipment, etc.)"\n\nI would advise you to read MIL-STD 105E: http://www.sqconline.com/
1058318
Bonus date.\n\nEx date is when the stock trades without the bonus.\n\nBook closure date is the date when the books are closed on the offer.
263775
Ok Management is stroger, but you have to think also about the development. Management can be a boss but you have to know how to development and know all about the resources for doing a successful plan to a project :-)
409959
It's hard to make much sense of this. Any agreement supported by consideration (money for money or money for value in goods or services) is a contract.\n\nA contract to supply a project means an agreement to provide one or more items need for the project.\n\nSupervision is a service, and a contract can provide that the same person or legal entity will provide the items and supervise their placement or use.\n\nConstruction contracts often provide for specialized products and services to be provided by the same person or legal entity (e.g., electrical installation, plumbing installation, alarm system installation, foundation building, framing, drywall installation, interior woodwork, etc.\n\nThey are both supply and service contracts, or both supply and service agreements. To try to call one a contract and one an agreement makes no sense.
948251
A draft contract is a contract that is drawn up by your solicitor and sent to the other solicitor, in it it has all the details about your property i.e water rates, electric charges and council tax bills. Also any other information that is requested by their solicitor. A survey can be carried out by their mortgage lender while this is being prepared although your solicitor should have sent the draft contracts out as soon as they here from the other side to say that have been instructed by their client. If i was you i would ring your solicitor and find out why they have not yet sent this as it is very important that it is asap as the other solicitor needs it to work from. \n  If you need any more help just contact me xx
950387
Diiya_2002 , this is an insightful question.  \n\n"Managerial" refers to a professional manager, an intermediary or agent that is an essential part of the business system (your "economic").  \n\nThe secure availability of professional intermediaries greatly enhances the ability of a person to own more resources.  For example, if you are a successful farmer, you are not limited to only land that you can plant yourself.  Instead, you can hire a manager to farm additional land for you.  The same applies to people who have more money than they can invest, more ideas than they can develop, or more call on their labor than they have time to spare.  All of these people can engage additional workers or managers to develop their resources beyond their personal capability.\n\nHow does the economy benefit from this?  It allows specialization to develop, which makes people better and better and smaller sections of the value chain.  For example, a 15th century potter would have to mine the clay, build the kiln, chop the wood for the fire, design the mould, set and fire the clay and then sell the product.  By specialising in different segments, and using a market to sell the products in between the different stages, more pottery was able to be produced at a much cheaper rate, permitting many people to eat and drink better.\n\nAs you say though - what is the fundamental?  What is the magic that makes this work.  On the face of it you may argue that it is a clear and certain legal system.  The farm manager will manage the owner's land well, because he knows if he does not fulfill his contract or his duty, he will suffer legal penalties.  I would argue that you can go one step further than the legal sanctions - because only a very small amount of the millions of daily transactions actually end up in the formal court system.  \n\nInstead the lifeblood of everyday commerce in our managerial economy is trust.  Trust built through informal relations is _the_ fundamental of managerial economics, of course buttressed by the ultimate threat of legal penalties.  It is trust that allows us to calmly pass our money to banks, buy our food from strangers and sit in planes flown by others.  \n\nWhy we trust is another important question.  Adam Smith believed the trust was born of reciprocal self-interest.  In his world, the banker reliably manages our money for us, because he receives a higher return than if he were to unreliably manager our money. "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. ".  Others regard this as a little over-cynical, but as usual Smith's ideas are well-founded.\n\nThe managerial economy, applied in various ways, sustains most of the world in an ever-growing economy.  It's fundament is trust, built on the expectation of reciprocal self-interest, and the ultimate redress of legal penalties for those who abuse the system.
354277
Go to the website below and click on "Stores" you will go the web page where there are tender notifications........\n\nHappy Business
819277
It means Or Best Offer. Basically they will take less than the asking price and be willing to negotiate price.
327879
In addition to your other answer, you may consult the RS Means book for estimating construction costs.  The Construction Standards Institute breaks down general construction into 16 categories that cover each section of work (i.e. sitework, masonry/brick, finishes, specialties, HVAC, etc).  \n\nThe RS Means book allows one to find pricing for materials, labor, equipment, and overhead & profit allowances for each respective section of construction.  Further, there are tools within this manual that allow for size and location adjustments, as well as all engineering and consulting fees associated with conceptual estimating procedures.  \n\nWhile it is by no means exhaustive in nature, it provides a rather good starting point and gives relatively straight-forward explanations of the process.