Huacheng cable bidding quotation terms that must be understood before purchasing Huacheng cable

With the rapid development of Guangzhou Pearl River Wire and Cable, Huacheng Cable’s bidding has become a common business method. There are some specific business and technical requirements in Huacheng Cable. When Huacheng Cable is preparing the tender, it is necessary to take care of these details one by one.

In order to prevent the issuance of scrap bids, Huacheng Cable must understand the following bid quotation terms in advance:

Block price

The bidding price is the highest binding specification for the bidder to the total price of the project. The bidder's bid price cannot exceed it, otherwise the bidding will be invalidated. Blocked bid prices can be divided into explicit blocked bids (informed publicly to each bidder in text) and implied blocked bids (published at the time of bid opening). It is implied that the block price plays the role of the bottom price, which must be the same as the bottom price, and it is necessary to keep it confidential before opening the bid, otherwise it will be illegal. The clear indication of the blocking price plays the role of bid control price, and it is necessary to publicize it in accordance with the rules, otherwise it will be illegal.

Control price

The bid control price is the highest project cost for the Huacheng cable restraint by the bidder. The bidding control price shall be prepared for the construction project that implements the bidding of the bill of quantities. The bid control price is the maximum price that the bidder can withstand the bidder's quotation when bidding for the project. It is the bidder's bottom line and cannot be broken, otherwise the bid will be invalidated. The bid control price shall be truthfully announced in the bid documents, and shall not rise or fall. If the bidder finds that the bid control price is wrong after the review, Huacheng Cable may complain to the bidding supervision agency or the cost management agency within 5 days before the bid opening. If the bidding supervision agency and the cost management agency discover the actual situation, the bidder shall be instructed to make corrections.

Reserve price

The bottom of the bid is the most ambitious quotation that the bidder hopes, but it can only be used as a reference for bid evaluation and cannot be used as a condition for Huacheng Cable to reject the bid. The base of the bid is the top-secret material of the bidder, and it is necessary to keep it confidential before the bid opening, but it should be released when the bid is opened.

In the case that the bidder does not set the bidding price or bid control price, the bidder can make necessary adjustments to the Huacheng cable quotation on the basis of grasping the Huacheng cable market dynamics and analyzing the competitors, in order to obtain a more ambitious bidding effect.