(Frequently Asked Questions)
1. What is an Online Tender Document?
- Definition: An Online Tender Document is an official document issued by the procuring entity.
- Purpose: It outlines all the necessary requirements, terms, and instructions that participants must adhere to when engaging in the bidding process.
- Importance: Obtaining this document is mandatory for anyone who wishes to participate in the online bidding process.
- Contents: The document typically includes detailed information on what the procurement entity is looking to acquire, as well as the specific process that bidders must follow.
2. How do I participate in online bidding?
- Step 1: Obtain the Tender Document:
- You must first acquire the Tender Document from our management office.
- The document can be collected either in person or through a process specified by the procuring entity.
- Step 2: Review and Prepare:
- Thoroughly review the contents of the Tender Document.
- Step 3: Submit Your Bid:
- Submit your registration form and the required deposit through the SRS BID SOLUTIONS platform.Use the Bidder Dashboard to manage your submission.
- Be aware that buyer’s premium charges will be applied to the final bid price. Refer to the Tender Document for details on these charges.
3. What does the Tender Document include?
- Instructions for Bidders:
- Detailed guidelines on how to effectively participate in the tender process.
- Terms and Conditions:
- Legal and contractual obligations that govern the tender process and the resulting contract.
- Clarifies the responsibilities of both the procuring entity and the bidder.
- Technical Specifications:
- Detailed descriptions of the goods, services, or works that are being procured.
- Specifies the standards and requirements that must be met.
- Submission Forms:
- Forms that bidders must complete and submit along with their bid.
- These may include financial proposals, technical proposals, and other required documents.
- Evaluation Criteria:
- The criteria that the procuring entity will use to assess and compare bids.
- May include price, technical capability, experience, and other relevant factors.
4. How do I obtain the Tender Document?
- Collection Process:
- The Tender Document must be obtained from the office of the procuring entity.
- SRS BID SOLUTIONS SDN BHD will specify the process for obtaining this document, which may include:
- Fees for the document.
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- Required paperwork.
- Collection deadlines.
- Importance of Early Collection:
- Obtain the document as early as possible to allow sufficient time for review and preparation.
5. Can I modify the Tender Document?
- No Modifications Allowed:
- The Tender Document is a legally binding document and cannot be altered.
- Any modifications or unauthorized changes could lead to the disqualification of your bid.
- Seeking Clarifications:
- If you have any questions or need clarification, you must contact the office administration directly before submitting your bid.
- It’s crucial to fully understand the document as any misinterpretation could negatively impact your bid.
6. What are the key dates I need to be aware of?
- Timeline Awareness:
- All critical dates, including deadlines for registration form submission and deposit payment, are clearly outlined in the Tender Document.
- Missing any of these key dates could result in your bid being disqualified.
- Planning:
- Mark these dates on your calendar and plan your submission accordingly to ensure compliance with all deadlines.
7. What happens after I submit my bid online?
- Bid Review Process:
- After you submit your bid online, it will be reviewed by the procuring entity.
- Your bid will be assessed based on the criteria outlined in the Tender Document.
- Next Steps:
- If your bid meets the necessary qualifications and is considered competitive, the office administration may contact you for further discussions.
- The discussions may lead to the finalization of the contract, should your bid be selected.
8. Is it possible to withdraw my bid after online submission?
- Before the Deadline:
- You can withdraw your bid any time before the submission deadline through the online platform.
- After the Deadline:
- Withdrawal after the deadline may not be possible, and you should contact the office administration to understand the consequences as per the Tender Document.
- Important Considerations:
- Carefully consider your decision to bid and only submit once you are certain, as withdrawing after the deadline could have legal or financial repercussions.
9. How will I be notified if my bid is successful?
- terminated or suspended bidder may appeal the decision within seven working days. Appeals must be submitted in writing, and SRS Bid Solutions will review the appeal and make a final decision within ten working days.
- If participation is terminated or suspended, the bidder will be notified, ongoing bids will be nullified, deposits may be forfeited, and the bidder may be disqualified from future events.
- terminated or suspended bidder may appeal the decision within seven working days. Appeals must be submitted in writing, and SRS Bid Solutions will review the appeal and make a final decision within ten working days.