The best global tenders market

Get the best business opportunities from the best global real estate market makers.

GLOBAL REAL ESTATE TENDERS

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  • CREATE YOUR ACCOUNT

    CREATE YOUR ACCOUNT

    This first step is very simple. By creating your Account, you agree to our Terms & Conditions. Your information is stored in a secured server and not shared with any third party. After creating your account and paying your annual membership fee, then procede and submit your tendres. You have access to many other services.

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  • GLOBAL TENDERS LISTING AND PUBLISHING

    GLOBAL TENDERS LISTING AND PUBLISHING

    After Creating Your Account, you can now procede with the payment of your membership fee, which gives you the right to have your tenders published and marketed on the platform. Our primary goal is to make your tenders effectively get access to millions of bidders and receive high-quality Responses or EOI.

    Select Your Plan

  • POST TENDER FOR GLOBAL PUBLISHING

    POST TENDER FOR GLOBAL PUBLISHING

    Posting your Tender is very simple. We won't stress you with loading, edditing and publishing your tenders on the platform. We'll create the listing and launch it for you worldwide. You don't need to login to send to us your tender notice. Just clik below on "Post Tent Now" and start posting your tender without stress.

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FEATURED FREE TENDERS

Supply of Instrument Spares for Geothermal Power Plants 125
24
12/23

Supply of Instrument Spares for Geothermal Power Plants

Tender Ref. Number: KGN-GDD-055-2020 Tendering Authority: KENYA ELECTRICITY GENERATING COMPANY PLC Finance: By KENYA ELECTRICITY GENERATING COMPANY PLC Invitation for tender Order No.: 2 of 2018 Category: Elctrical / Renewable Energies Country of Realisation: Kenya Issued: 10 March 2020 (at 09:30) Submission deadline: 22nd April 2020 (at 12:00).

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Supply and Installation of Solar Powered Street Lights 83
25
05/20

Supply and Installation of Solar Powered Street Lights

Tender Ref. Number: REA/CP/2020/D198 Tendering Authority: Rural Electrification Agency of Nigeria Finance: By the National Budget of Nigeria Invitation for tender No.: LOT D198 Category: Elctrical / Renewable Energies Country of Realisation: Federal Republic of Nigeria Issued: 25th May 2020 (at 10:00) Submission deadline: 17th June 2020 (at 12:00).

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Supply of 50,000 Butane Gas bottles for domestic use 65
09
04/20

Supply of 50,000 Butane Gas bottles for domestic use

Tender Ref. Number: 01/CMD/MPME/SOMAGAZ/2020 Tendering Authority: SOMAGAZ - The Mauritanian Gas Company Finance: By SOMAGAZ - The Mauritanian Gas Company LPG Bottles Types.: BO3, B06V and B12 Category: Energy and Minning Country of Realisation: Mauritania Issued: 25th March 2020 (at 10:30) Submission deadline: 12th May 2020 (at 12:00 GMT).

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Real estate tenders by country

Our global real estate platform provides a wide selection of very comprehensive tenders in every sector of the real estate industry from each country around the world. Are you looking for a high-quality tender or bid? browse in and get the right tender or bid with the most advanced solutions for your sustainable economic growth. Our advanced search functions are designed to help have easy access to all listed residential commercial and industrial real estate tender notices by sector, country and region.

All tenders by country

Real estate tenders by region

OuThis search function enables you to easily and quickly access our global real estate tender and bids in each continent (e.g. Africa, Asia & The Middle East, etc.). Browse through and select the right tender or bid that meet your business needs. In the case you have any specific question or request you deem necessary, please contact us as soon as possible, using the form below or info@mdaglobalrealestate.com. At your request, we ready to help you prepare your bid in any language of your choice at your request.

All tenders by region

Real estate tenders by sector

We have prepared for your business growth the most comprehensive Tender database from all the sectors of the real estate business industry. Get the best and highest-quality products and services of all real estate business sectors in one place to successfully bid for any tender. Our platform, mdaglobalrealestate, provides the most valuable real estate business opportunities, including residential, commercial and industrial real estates. Do you need any financial or technical supports to bid for any tender? Contact us now.

All tenders By Sector

Real estate tenders by Product

We have prepared for your business growth the most comprehensive Tender database from all the sectors of the real estate business industry. Get the best and highest-quality products and services of all real estate business sectors in one place to successfully bid for any tender. Our platform, mdaglobalrealestate, provides the most valuable real estate business opportunities, including residential, commercial and industrial real estates. Do you need any financial or technical supports to bid for any tender? Contact us now.

All tenders by product

 

THE PLATFORM FOR YOUR ECONOMIC GROWTH

Marketing your tender

Every property, including products and related services is different. But each sale begins in the same way: with a tailored marketing plan by our experienced real estate sales and marketing experts. We showcase your property in the best possible light, using use high-quality photography, videography and accurate description.

Next, our local experts will share your property with a hand-picked list of motivated applicants. With more than 30 years experienced in the industry with business representative in over 120 countries, we have thousands of registered buyers at our fingertips.

We'll also share your property, including products and services online, on the global market and our own global real estate platform with its 1,000,000 visits a month. We're across social media platforms too – with over 100,000 followers on Instagram, LinkedIn, Meta, and others.

Why plublish tender on mdaglobalrealestate.com?

MDAICReal global real estate has been helping buyers, sellers, renters, and investors to successfully grow their businesses in the global real market for nearly 10 years. As a boutique luxury firm and with the help of our lawyers and international real estate experts, we offer advance and quality services, ranging from asset protection to tax optimization and estate planning, which in turn gives us access to a large pool of very sophisticated international buyers.

On top of our website, which is visited worldwide thousands of times daily, each member of our dedicated team speaks at least two languages and comes from a different part of the world, giving us access to a diverse, international network.

Our dedicated team of experts is eager and ready to help you sell your property at a very competitive annual fee of € 190 per year that make you become a full member, partner and real estate business owner on mdaglobalrealestate.com / mdaicreal.com. You just need to register and get your property being sold in the global market within a period of 24 hours.

FREQUENT ASKED QUESTIONS - FAQs

ACCOUNT SETTINGS AND REPORTING

How can I create an Account?

It is easy to create an account. It just takes a couple of minutes to create an account on mdaglobalrealestate.com's tenders portal here. This account enables you access to a personalized dashboard and free access to some se products and services on the platform.

What is my username?

Your username is always your email address.

How can I modify or change my profile?

After logging in to the website, the user can edit personal data, change the login name and password, view my products, my product listings, favourite, privacy preferences, the purchase history and the progress of the last order. Otherwise, you can contact our help desk to info@mdaglobalrealestate.com or your account manager to make the changes on your behalf.

I have registered but haven't received any verification mail?

If you have not received the verification e-mail from us within 24 hours from your registration, please check your spam folder. Otherwise, you can contact us to info@mdaglobalrealestate.com or use the official contact form provided at the footer of each page of the portal with the subject "account verification" for our team to verify and confirm your account immediately.

Does “creating an account” give me access to tender details?

No, "creating an account" does not give you access to tender notice details. This account enables you access to a personalized dashboard and free access to some se products and services on the platform in accordance with your selected registration plan or package. Free registration, as defined in the registration is only limited to:

    • Access to the summaries of global tender notices
    • Specific and advanced search
    • E-mail alerts on Upcoming Projects and Contract Awards
    • Daily real estate tender updates
    • E-mail alerts on global tenders and business opportunities
    • Bid assistance services (e.g. helping you start processing a bid)
    • Global real estate tender industry trends and data analysis

What are the Free Acount features and limitations?

With a free account, you can access the dashboard, make modifications to your profile, search for existing and new tender notices and view the tender notice summaries. As already specified above, your Free Account also includes:

    • Specific and advanced search
    • E-mail alerts on Upcoming Projects and Contract Awards
    • Daily real estate tender updates
    • E-mail alerts on global tenders and business opportunities
    • Bid assistance services (e.g. helping you start processing a bid)
    • Global real estate tender industry trends and data analysis 

What are the subscription plans?

We offer three different monthly and annual subscription plans that suit your business needs at the most competitive prices in the global market. Click and get started now.

How to receive a daily alert?

The daily alerts are automatically set in the REGULAR, PRO and LEAD subscription plans. Subscribe now and get the deals with the most advanced bidding and tendering solutions and services.

How long is the Free Account active?

Your Free Account is active forever. However, you must get at least five hits per month to keep your account from getting automatically suspended.

What payment methods do you accept?

We accept the subscription amount through credit card and bank transfers as follow:

Payment through Credit Card
It is automatically and directly carried out online to our PayPal Account.

Payment through Bank Transfer
You can also make payment to the following Bank account:

    • Bank Name: Raiffeisenbank, a.s.
    • Bank Address: Hvezdova 1716/2b140 78 Praha 4, Prague, Czechia
    • Account Number: 502417375
    • Account Owner Name: MDAICReal, s.r.o.
    • Account Owner Address: Generala Selnera 3256, 272 01 Kladno, Czechia.
    • IBAN: CZ9555000000000502417375
    • SWIFT Code: RZBCCZPP
NOTE: After confirmation of your payment, an invoice will immediately send to you through your registered e-mail

Do you store credit card and bank transfer details in your database for auto-renewal of subscription?

No, we do not store any credit, bank transfer and payment details in our database. Credit card payments and bank transfers are re processed through PayPal and through your own bank to our receiving banks. The only information and data we store are your company name, your company's representative name, your company address and email used to make the payment as required in this registration form.

Can I cancel the subscription plan at any time?

Yes, your subscription can be cancelled anytime. The subscription period is valid till the expiry date and will not get automatically renewed. However, our customer services department will contact you for the renewal of your Account within the last 14 days before its expiry date.

Can I change my monthly subscription to annual subscription during the subscription period?

Yes, you can switch from monthly subscription plan to annual subscription plan by paying the balance amount.

What are your refund policies?

Confirmed subscription are not refundable. If the subscription has not been activated within a period 72 hours, the amount will be refunded after deducting the bank or PayPal charges.

How long is the Free Account active?

Your Free Account is active forever. However, you must get at least five hits per month to keep your account from getting automatically suspended.

GLOBAL TENDERS
Getting started with Tendering Journey on mdaglobalrealestate.com

What is a tender?

Also known as an invitation to tender (ITT), or a call for bids (CFB) or a request for tenders (RFT), a tender is simply a formal, structured procedure for generating competing offers from different potential suppliers or contractors, called bidders, that are 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)

Where can I find the latest and the best tenders?

The global real estate platform, mdaglobalrealestate.com of MDAICReal, is one of the best and most trusted tender information service portals that provides the most reliable information on real estate tenders, award of business activity in works, procurement, or service contracts, and bidding opportunities from more than 200 countries around the world. So browse through the real estate platform, mdaglobalrealestate.com, and get the best, latest and highest quality tenders in the world.

What is the largest tender portal?

The real estate platform, mdaglobalrealestate.com, has one of the largest real estate tenders, RFQs, Engineering, Procurement, Construction and Contract Awards database from more than 200 countries. With decades of experience in the global real estate industry (residential, commercial and industrial real estates), mdaglobalrealestate publishes more than 25,000 to 50,000 tender notices worldwide every day with the most advanced solutions and services.

What is a tender portal?

A tender portal, like mdaglobalrealestate.com of MDAICReal, is a digital platform that is used by businesses, agencies and organizations to publish their tenders and generate competing offers from different potential suppliers or contractors, called bidders, that are looking to obtain an award of business activity in works, engineering, procurement, construction, operations management, consultancy, or service contracts and bidding opportunities, often from companies in the public and private sectors. Tenders are accessible by sector (or business industry), by product, by country and by region and services.

What are all the tender services offered by MDAICReal?

Our global real estate platform, mdaglobalrealestate.com, provides all the real estate tender and bid services you need to successfully achieve high-quality tender and bid results. Our Tender services include preparing, writing, publishing and marketing your tender worldwide, using the most advanced online supports. Our bid services also consist of preparing and developing the bid documents using accurate and high-quality technical, commercial, financial economic and legal data collection from the proposed business industry (e.g. architecture, engineering, procurement or construction industries), data analysis and forecasting process. For more information, please browse through this page.

Why do I need to engage MDAICReal?

Engaging or instructing MDAIReal or a Consultant to prepare, write your tender is not a legal obligation. Some businesses try to keep costs down by avoiding using a consultant like MDAICReal. However, it is well worth, considering the benefits we can provide. We always add values, providing the man power, know-how and experience, etc. you would need to prepare, write your tender to ensure it receives maximum exposure to respectively attract as many bidders as possible. We also deal with the viewings, manage competing offers and oversee the entire process through to completion. In short terms, we always find solutions to common issues and ensure all goals are successfully achieved. Hence, MDAICReal makes you save time and money.

What are the sources of information and data collection of the tenders?

The Information and data of the tenders are primarily collected from our verified registered members (companies, agencies, organizations, including tendering authorities' portals and even tendering authorities that wish to publish and market their tenders in the global market. We also collect and gather information and data directly from other sources such as allmday.com or mdacapitalinvest.com platform and various certified sources like newspapers, magazine. Tenders information and data are sent to us the directly by our clients using the Tender Form after making payment of their full membership, selecting the right Publishing Plan. Our associates also send us the information of local tenders published in newspapers.

In what language is the tenders information available?

Generally, the original tender notices language is in the local or official language of the country of origin that shall always be translated all the languages of mdaglobalrealestate.com platform. 

The real estate platform, mdaglobalrealestate.com, is provided with nore than 20 languages.

Tender processes & procedures

Are all public sector contracts or projects open tenders?

As a general rule, the public sector is always structured with transparent tendering procedures, allowing all tenders to be opened to eligible business. This procedure, commonly known as Open Procedure in many countries, permits any business to respond to a tender, access all related documents, and bid for the contract or the project. There are other procedures, which involve qualification stages such as pricing and quality procedures. 

The Open Procedure can be used freely in any circumstances and for any type of contract and Framework Agreement. All interested bidders may submit their bid.

However, in some cases, it can be beneficial to choose a procedure where the number of the bidders can be reduced at the selection stage based on their capability and capacity, especially if the Tender Organiser or the Buyer does not have enough resources (e.g. time, complete working team, etc.) to organise and conduct a full Open Procedure.

Using the Open Procedure will depend upon the number of tenders received and the nature of the evaluation criteria. If the Organisation receives a large number of tenders, the evaluation of them is likely to be time consuming.

What is an Open Procedure?

The Open procedure is a one-stage procurement process that covers exclusion grounds, selection criteria and award criteria. An Open procedure means that any business can respond to a Tender or Contract Notice, request or download the related Procurement Documents, and submit a bid. All tenders must be evaluated in line with the methodology and criteria set out in the procurement documents.

Use of the Open procedure

The Open procedure is best used where:

    • The requirements are typically straightforward, with a relatively simple Selection and Award Process; and
    • It is anticipated that only a small number of Bidders will respond to the Tender.

Advantages of the Open procedure

    • Increased competition due to the potentially high volume of responses
    • Organisations of all sizes have the opportunity to submit a tender, increasing the opportunity for a number of innovative proposals or solutions
    • Advantageous for simple and straightforward requirements (e.g. stationery) Providing full tender documentation (at the outset) enables candidates to make an informed decision as to whether they can satisfy the requirements, or choose to discount themselves from the competition
    • Overall timescale reduced (no pre-qualification stage)

Disadvantages of the Open procedure

    • Resource implications of a potentially lengthy tender evaluation (due to a high volume of responses)
    • Increases the risk of challenge (more responses and time invested/transaction costs in preparing a tender as opposed to a Selection Questionnaire)
    • Poor quality bids (due to the fact there is an increased chance of being unsuccessful and a limited timescale)
    • No opportunity to discuss or refine bids

What is a framework agreement?

In the context of negotiations, a framework agreement is an agreement between two parties that recognizes that the parties have not come to a final agreement on all matters relevant to the relationship between them, but have come to agreement on enough matters to move forward with the relationship, with further details to be agreed to in the future.

In the context of procurement, a framework agreement is an agreement between one or more businesses or organisations, "the purpose of which is to establish the terms governing contracts to be awarded during a given period, in particular with regard to price and, where appropriate, the quantity envisaged

These agreements give Buyers (or Bid OrganiserS) access to a range of qualified bidders or Suppliers, allowing them to avoid the need to continuously re-bid. Only the Bidders or Suppliers who register interest before the deadline may secure a place. Winning a place on a framework can result in multiple contracts over the duration of the framework.

What is a Dynamic Purchasing System?

A Dynamic Purchasing System or simply called as DPS, is an electronic system that can be established to purchase goods and services which are:

    • commonly used by your Business, and
    • readily available on the market

Using a DPS provides a simple, straightforward form of access to contracts for suppliers. When applied appropriately, it is a cost-effective method that can limit the need for complex tender processes and benefit both Bidder (or Supplier) and Tendering Company or Organisation. The approach lends itself well to self-limiting marketplaces, where new activity is to be encouraged.

What is a high-value tender?

This is a tender or a procurement of goods, services, facilities or construction in circumstances, where the value is higher than the value of the public procurement thresholds and must be published on the government portal.

What is a low-value tender?

A low-value tender is a tender with a value lower than the public procurement thresholds and is much smaller than a High-value tender, which makes it a great starting point for businesses entering the market for the first time. The procedures for low-value notices are usually simpler, and bidding for these provides suppliers with valuable experience to help them go after high-value tenders in the future.

What is a Competitive Dialogue Procedure?

A Competitive Dialogue Procedure (CDP) is a multi-stage tender process.

Typically, Expressions of Interest (EOI) are shortlisted at the pre-qualification stage and participants invited to initial dialogue sessions. The International Competitive Dialogue procedure of the Europe Union, herein called the OJEU process, is conducted in successive stages, with the option of reducing the number of bidders at each stage accordingly. Following closure of dialogue, final tenders will be invited and a preferred bidder identified.
During the OJEU process, the council will be open to innovation and current market initiatives as bids are refined.

Use of the Competitive Dialogue procedure

The Competitive Dialogue procedure is best used where the requirement is complex or not fully definable.

Advantages of the Competitive Dialogue procedure

    • Restricts the number of Bidders (or Suppliers) invited to tender (making the tender evaluation more manageable)
    • Allows for more market innovation.
    • Enables a best fit solution to be developed through detailed dialogue

Disadvantages of the Competitive Dialogue procedure

    • Increased timescales
    • Added resource cost and potentially high burden for both suppliers (making the contract opportunity appear unattractive to some) and Council
    • Use of process has to be justified

What is a Competitive Procedure with Negotiation?

The Competitive Procedure with Negotiation (CPN) is similar to Competitive Dialogue, however the CPN allows the contracting authority flexibility around whether to negotiate (e.g. with the possible to reserve the right – to be stated in the publication as it is required in the in the OJEU advertisement) or not to negotiate and to simply award the contract based on initial tenders submitted.

This reservation is not possible in the Competitive Dialogue Procedure (CDP). That said, the competitive dialogue procedure contains more flexibility around negotiation with the winning bidder (provided this does not modify the essential aspects of the contract or procurement or amount to a distortion of competition). It is not possible to negotiate following submission of final tenders if you are using the competitive with negotiation process.

Advantages of the Competitive Procedure with Negotiation

Can cut straight to award if negotiation is not required following initial bids

Disadvantages of the Competitive Procedure

Cannot negotiate detailed final terms with the winning bidder once selected.

What is a restricted (two-stage) procedure?

The Restricted procedure is a two-stage process:
    • Stage One (Selection) - Bidders or Suppliers are alerted to express their interest to a contract opportunity by obtaining and submitting a Selection Questionnaire (SQ); this will be used to establish their capability, experience and suitability etc. The purpose of the SQ is to select a shortlist of 5 (or more) BidderS or Suppliers that are likely to meet the tender requirements.
    • Stage Two (Award) - Shortlisted Bidders or Suppliers that meet the selection criteria are then invited to bid. All bids are evaluated in line with the methodology and award criteria set out in the tender documentation.

Use of the Restricted procedure

The Restricted procedure is best used where:

    • It is anticipated that a large number of suppliers will respond to the advertised Contract Notice; or
    • The requirements are typically complex, with a relatively detailed Selection and Award evaluation process.

Advantages of the Restricted procedure

    • Restricts the number of organisations invited to tender (making the tender evaluation more manageable)
    • Enables a detailed Selection assessment (i.e. Stage one of the procedure)
    • Helps improve the quality of bids (due to the fact there is an increased chance of a bidder being successful and the contracting authority has selected their shortlist of "pre-qualified" suppliers)

Disadvantages of the Restricted procedure

    • Speculative SQ's being submitted due to the fact that the full tender documentation may be unavailable at the Selection stage
    • Increased timescales
    • Added resource cost and potentially unnecessary burden for suppliers (making the contract opportunity appear unattractive to some)
    • No opportunity to discuss / refine bids

What is the pre-qualification tender process?

Some tenders or contracts require some form of pre-qualification, and only after you have demonstrated you can meet the requirements, will you be invited to tender. There are a few different processes that use pre-qualification.

GLOBAL BIDDING
Getting started with your Bidding Journey on mdaglobalrealestate.com

What is a bid?

The term bid refers to an offer made by an individual or corporation to purchase an asset (residential, industrial and commercial properties), including real estate products (Building materials, equipment and decoration items) and services in various markets such as mdaglobalrealestate.com, the global real estate platform or real estate marketplace of MDAICReal. Bids may also be made by companies, organisations or nonprofits that compete for project contracts. When a Buyer (or Tendering Organisation) makes a bid, they stipulate how much they're willing to pay for the asset along with how much they are willing to purchase.

Other Types of Bids
There is more than one way to make a bid. As mentioned above, the different types of bids depend on where the offer is being made. Some of the most common types of bids are Auction Bids, Online Bidding and Sealed-Bids.

NOTES

    • A bid is an offer made by an investor, trader, or dealer in an effort to buy an asset or to compete for a contract.
    • The spread between the bid and the ask is a reliable indicator of supply and demand for the financial instrument.
    • Market makers are vital to the efficiency and liquidity of the marketplace.
    • Bids can be made live, online, through brokers, or through a closed bidding process.
    • Types of bids include auction bids, online bids, and sealed bids. 

How a Bid Works?

Buyers (or Tendering Organisation) and Sellers (Bidders) keep the real estate market going. Each participant facilitates the purchase and sale of assets (e.g. residential properties, industrial properties, commercial properties, building materials, building equipment, decoration items, etc.). Sellers are entities that provide assets for purchase. Buyers are those who want to purchase goods or services. These two parties normally come together at different venues to conduct their business, including tenders, auctions (live, online and sealed) and retail outlet.

The bid process depends on the market through which these goods and services are sold. For instance, companies make bids in order to win contracts for jobs. The bidding process involves sending out packages to interested parties.

These contracts may be issued by governments or large corporations for infrastructure, construction, and other projects in a variety of different industries, such as:

    • Public safety
    • Information technology
    • Education
    • Social services
    • Consulting and management
    • Healthcare
    • Art and recreation

NOTE: In some cases, bids that are made at an auction may be made in person or online, while investors may make bids through their internal sales department, brokers or agents. Some bids take place in secret, usually through a sealed process. This process allows for fair and conflict-free bidding.

How do I bid on Government Contracts?

There are a few different ways to bid on government contracts. You may have to register your company with the appropriate agency or website in order to compete for these jobs. Most government contracts are open for bids through a sealed-bid process, which means you can't see how your competition is bidding.

You can bid for the contract yourself through government bidding portals, which can often take a lot of time. You can also use a bidding service, which can provide you with information on various government contracts available in your area.

What is an Auction Bid?

Auctions are forums that bring together multiple buyers who compete for certain assets, such as livestock, home goods, properties, property tax liens, and art. These venues are usually held in person but the rise in technology has made online auctions a reality.

Buyers who participate in auctions bid against each other in order to win the asset through an open bidding process. They do so by placing competitive bids in an attempt to beat out the other buyers. The person who bids the highest amount wins the auction.

What is an Online Bidding?

Online bidding sites work just like traditional auctions. Sites like eBay, eBid, and QuiBids allow buyers to congregate in a virtual arena and make bids for products and services of their choosing.

For instance, someone may be selling a pair of designer sunglasses on eBay and starts an auction with a minimum price. Interested buyers can bid on the item with an amount they wish to pay until one person's bid is accepted by the seller. These sites normally require buyers to set up accounts and may also require payment card information.

What is a Sealed-Bid?

Unlike the two types of bids noted above, participants in some venues aren't privy to how much their competitors are bidding. This is the case with sealed-bid auctions.

A sealed-bid auction happens when multiple bidders are given envelopes in which they place their bids. The envelopes are then sealed so no one bidder can knowingly outbid the other, making the outcome fair. The highest bidder is the one who wins. This type of bidding normally takes place for contracts or real estate sales.

NOTES:

    • A sealed-bid auction is a type of auction in which bids are not viewed until the auction date.
    • The bids are sealed, often physically in an envelope, and are all opened at once.
    • Sealed-bid auctions are generally used in bidding for government contracts.
    • Unlike an open bid, where buyers can make multiple bids and compete against each other actively, in a sealed-bid auction, they only get once chance.

How can Sealed-Bid Auctions be used for Real Estate Sales?

The sale of real estate may sometimes be conducted through sealed-bid auctions. The process for conducting such an auction can include public advertisements showing that the property is up for bid and what the deadline and parameters are for submitting bids.

For such real estate auctions, a variety of considerations can come into play. The property should have enough demand to attract a broad field of bidders to increase the potential for a higher return. A small pool of bidders might still present worthwhile offers, but the options are also limited in such an instance.

From a certain perspective, it can be counterproductive for the seller to release such information as the assessed valuation of a property. The concern is that bidders would use that information to limit the value of their bids. Furthermore, posting a minimum bid amount might set expectations on the part of the bidders for how large their bids should be. Bidders naturally are concerned about overspending to win an auction. In a sealed-bid auction, there is an understanding that each bidder shares in that risk.

There can be instances where the highest bid is not chosen by the seller. This may occur if the offers do not meet the seller's needs and expectations. The seller could reject the current bids and then ask for final bids from the two bidders who made the highest offers. The seller might also opt to end the auction and discuss terms with some of the bidders. Such an option may be put into play if the seller believes a more open approach can net better results..

What are all bid services offered by MDAICReal?

Our global real estate platform, mdaglobalrealestate.com, provides all the real estate bid services you need to successfully compete for procurement contracts, works and services. Need to increase your chances to win a bid? contact us now and get the best deals. MDAICReal provide the best and highest-quality bid services, including:

    • bid preparation and planning,
    • bid writing,
    • bid publishing and marketing globally, using the most advanced online supports,
    • Bid reviewing, proofing and improvement

Our bid services also consist of preparing and developing the bid documents using accurate and high-quality technical, commercial, financial economic and legal data collection from the proposed business industry (e.g. architecture, engineering, procurement or construction industries), data analysis and forecasting process.

NOTE: Our global real estate platform, mdaglobalrealestate.com, has a wide range of real estate products, including building materials, building equipment and decoration products, which can help you prepare the best and most competitive commercial and technical offers for your bid.

Do I always need to engage MDAICReal?

Engaging or instructing MDAIReal or to prepare, write your bid is not a legal obligation. Some businesses try to keep costs down by avoiding using a consultant like MDAICReal. However, it is well worth, considering the benefits we can provide. We always add values, providing the man power, know-how and experience, etc. you would need to prepare, write your bid to ensure it receives maximum exposure to respectively attract as many Buyers as possible.

We also deal with the technical, financial, ecocomic and legal data collection, manage your bid and oversee the entire development through to completion and submission. In short terms, we always find solutions to common issues and ensure all goals are successfully achieved. Hence, MDAICReal makes you save time and money, while reducing your stress and anxiety. 

Bid preparation, writing and management

How to prepare a bid?

Preparing a bid for tender has always been a time and resource consuming. committing time and resources to it. However, there are a few things that you need to consider and do ahead of time, to increase your prospects of success:

    • Your Company or Organisation eligibility and suitability for the contract,
    • Market expectations
    • Understand and knowing the Buyer or Buying Organisation
    • Getting to know decision-makers and others within the Buyer Organisation
    • Knowing more about the competition
    • Making your Company or Organisation bid-ready
    • Keep business visible, credible and relevant
    • Gathering key technical, economic and financial information and data you need to include in your bid, and-all. 

How to write a bid?

Writing a tender involves a whole host of documentation, which can be overwhelming and an onerous task to complete, depending on the complexity of the project. It is important to first and foremost understand the tendering process and their requirements. Before you commence writing your bid after, make sure you:

    • carefully read the tender contract and perfectly understand its requirements and specifications.
    • evaluate thoroughly the Tender before you take your decision to "respond" or "not to respond".
    • troubleshoot each question in the tender, assuring that you raise any clarification questions.
    • be persuasive before you continue in the planning of your bid writing.
    • create your Bid Plan.
    • your answers are very comprehensive.
    • keep to easy and simple language in your responses.
    • clearly reference the questions numbers.
    • you provide verifiable proves and evidence for the claims in your responses.
    • your tender bid is professionally presented and packaged before submission.
    • Have your submission proofread and reviewed.
    • submit your bid in time and without delay. We recommend 1 day at least before deadline.

How to win bid or a contract?

Writing a wining bid is very important to every business that wishes to win contracts, generate more income for a sustainable economic growth. With MDAICReal, you don't need to be worried anymore, because our team of professionals are committed to helping you win bids easily and more often, laying emphasis on learning from the following strategic winning areas of previous winning Bidders:

    • winning pricing (low-price), 
    • winning quality (high-quality products and services with secured warranty),
    • winning process (creating a blueprint for all responses),
    • winning output (technical and economic benefit, etc.), and
    • winning capabilities (demonstrating your bid is unique and unbeatable.

Other factors to consider when writing a winning bid include:

    • Knowing and understanding your competition and your competitors
    • Building templates.
    • Always bidding on contracts and projects you can deliver.
    • Start with small-size Tenders.
    • DiversifyING your business activities.
    • Abide by the bidding rules and regulations.
    • Build on your successes on mdaglobalrealestate.com, the global real estate plaform of MDAICReal, by becoming its valued registered member.

What are the common mistakes to avoid when writing a bid?

Based on our experience in the global market, the most common mistakes businesses make when bidding for tenders includes:

    • Wrong company name
    • Not asking questions
    • Incomplete bid forms and documents
    • Double bidding
    • Failure to add value
    • Failure to visit the site
    • Incorrect cost schedules
    • Undefined quality (i.e. unspecified quality standards and relevant warranties)
    • leaving tasks to the last minute
    • Late submission
    • overlooking key details,
    • overlooking a pricing strategy
    • Underestimating costs
    • taking on too much
    • not planning your workload
    • Failure to seek clarification
    • Not evaluating equipment needs
    • Missing information
    • Not referring to Overlooking the fine print
    • the specification, and many more.

How to ensure that your bid is in compliance with the tender requirements and quality standards?

When bidding, your primary focus is to ensure that your bid is in compliance with the necessary requirements and quality standards specified in the tender documents by the tendering company or organisation. Hence, in order to prevent any doubt about requirements or quality standards provided in yours bid, we advise you to read carefully the tender and perfectly understand all its content before you jump headfirst writing your bid. If you don't from how to start, or if the tender notice or documents are ambiguous, then ask questions. In a straightforward tender, everything should be clarified and explained, using explanatory tools like checklists and glossaries. Buyers (or Tendering Organisation / Company ) want you to succeed as more tender returns means improved competition.

You may also contact our team of professionals to help you adequately prepare, plan and write your bid, assuring that all the requirements and quality standards are met as specified in the tender by the Buyer (or Tendering Company or Organisation).

How can you improve your chances to succeed in future bids?

Engaging It is always necessary to build a strong experience through the history of your previous bids, requesting feedback on your all submitted bids, including the successful ones. In the next step, you proceed by:

    • Simplifying and refining your responses, using easy language
    • Making sure that your case studies are current, positive and productive for the Buyers,
    • Keeping a library of bidding case studies and evidence. This helps you speed up your bidding process next time, a save you more time on other tasks.
    • Develop and establish yours core business activities and ensure that they are all online with the tenders or business opportunities you are absolutely sure to deliver without stress and anxiety.

If you are still struggling or not sure about what you are doing due to lack of experience, contact. An hour-long call with one of our experts could help you resolve a number of issues that will save you time and money. We can support you with the following tasks:

    • bid preparation and planning,
    • bid writing,
    • bid reviewing, editing and improvement
    • bid publishing and marketing worlwide
    • bid writing training, and many other services.

NOTE: you may only need to engage us once for something to click, like many other companies such as AURA ENERGY, BRESSON and many more.

How to ensure that your bid is competitive and meets all the needs of the Buyer?

To ensure that your bid is competitive and meets all the needs of the Buyer (or Tendering Company or Organisation), it is necessary you conduct a series of analyses, consisting of but not limited to the market research on:
    • your competitors' profiles (business activities and capabilities),
    • the qualifications, experience and the level of professionalism of your competitors
    • the prices and quality standards offered by your competitors,
    • the warranties and services offered by your competitors
    • the partners of your competitors (their profiles, resources and strength, etc.)
    • SWOT (strengths, weaknesses, opportunities, and threats) analysis, etc.

At the end of your research on your competitors' qualifications and strengths, you will also need You will also need to:

    • evaluate your company's competitiveness,
    • carry the SWOT (strengths, weaknesses, opportunities, and threats) analysis of your bid, and develop strategic checklist of all the requirement stated in the Tender, ensuring that nothing is missed.
    • (otherwise) contact the Buyer (or Tendering Company) should more information or clarifications be required.

Remember that as a Supplier, yours are expected to be more professional and more knowledgeable in the products and services you offer than the Buyer. So, you are supposed to be the pillar of the Buyer and know which voluntary and mandatory accreditations are required for a successful realization of the project, laying emphasis on the highest-quality and lowest price possible.

How to bid on government contracts?

Generally, the original tender notices language is in the local or official language of the country of origin that shall always be translated all the languages of mdaglobalrealestate.com platform. 

The real estate platform, mdaglobalrealestate.com, is provided with nore than 20 languages.

Eligibility of Bidders

Are we eligible to bid for public and private sector contracts or projects?

It is generally required in the pre-qualification phase of every tender that bidders should provide following preliminary bid registration documents:

    • Your company's certification of registration, company registration number and tax identification number
    • Your Company's business profile to reference and demonstrate your ability to deliver similar projects
    • Your company's audited accounts for the last 2-3 years.

Not all contracts will require you to have all of the above, but it always help. 

Can nonprofits bid on government contracts?

Yes of course. Any nonprofit company or organisation that is ready, willing and able to comply with the rules and regulations and meet the requirements stated within the tender notice and documents can bid for the tender.

What are the government bidding requirements?

Government procurement is fiercely competitive as the government awards the most qualified companies to provide cost-effective products and services. Government contracts have different and more complex bidding requirements than the private sector. Further, government contractors deal with government agencies, while commercial contractors deal with private businesses. Generally, government contracts comply with strict rules and regulations that require you to:

    • register your business and obtain ID Numbers
    • register your business with relevant government agency such as SAM Registration in the US
    • determine yours products and services, and many more.

NOTE: We advise you to always try and provide accurate information and make it appealing with descriptive terms about your business to attract contracting officers and military and civilian government agencies.

Bid submission & award

How to submit a bid?

Every tender or contract notice provides details on the submission method and process of the tender. Generally, every bid has its own submission method and process, so make sure you always schedule a period of time within which your bid or proposal shall be reviewed, compiled, packaged, sealed and submitted electronically or through courier in time and without delay. Because, you can encounter barriers such as internet failure, computer systems failure, printer problems, or other unexpected technical issues that can delay your submission. 

What happens if our bid is rejected or not selected?

It generally happens that in a competitive commercial tender, some of bids are rejected or not selected due to uncomplete bid documentation or noncompliance to the established bid rules, or due other reasons. In this case, do not burn your bridges with the Buyers or Tendering organisation, seize on the opportunity to get feedback on your own bid and get as much information on the reason why your bid was rejected or not selected. You may also try and obtain as much information as possible on the winning bid. Generally, bids or proposals are rejected or not selected because of high price and/or low quality. Therefore, ask Buyers (or the Tendering Organisation) for winning bidder's price and other technical and quality questions to improve your bid next time.

If you think that losing out on a business opportunity for four 1-4 years is critical to your business, then you consider the Dynamic Purchasing System (DPS).

A Dynamic Purchasing System (DPS) is unlike a traditional framework for the supply of goods, works or services. It is an electronic system, which suppliers can join at any time. An "open market" solution, a DPS is designed to give Buyers (or Tendering Organisations) access to a pool of pre-qualified Bidders (or Suppliers).

Failure in a Tender is part of the process, provided you learn from it and keep bidding on mdaglobalreal.com, the global real estate platform of MDAICReal. Next time will be better.

What is the timeline for the evaluation and awarding of contracts?

It is typically scheduled for a period of 4-6 weeks, but this can vary massively depending on the size and complexity of the Project. A full timeline is always provided on the Tender notice or the Invitation to Tender (ITT) from the tender publishing date, bids submission deadline, contract award date, and to contract commencement date. Buyers (or Tendering Organisations) or their procurement department usually work during these dates stated in the Tender documents.

How do I follow up on the status of my bid submission?

Generally, the Buyer (Tendering Organisation) provides a clear milestone in the Invitation to tender (ITT), specifying all the important dates of the tender from its publishing data to the contract award publishing date, during which all registered Bidders shall be informed about the status of their bid submission, once received by the Buyers (or Tendering Organisation) or their procurement department. Generally, these dates consist of the followings for all types of bids:

    • the tender publishing or advertising date,
    • the bid submission deadline,
    • the bid evaluation date,
    • the publishing date of the bid prequalification results,
    • the publishing date of the bid qualification results, and
    • the publishing date of the winning bid or the contract award.

If the publishing date of the contract award specified in the ITT has passed, then contact directly with the Buyer (or Tendering Organisations) or their procurement department and request for information to your bid you may need for the next bids. However, as a general rule, Buyers (or Tendering Organisation) or their procurement department regularly inform all Bidders about the status of their bid submission and send them a Contract Award Decision Letter though registered e-mail or by post.

Are there any specific formatting requirements for bid submission?

Obviously yes. You must know that every tender has its own specific formatting or presentation requirements for bid submissions. Some Buyers (Tendering Organisations) or their procurement department even specify text font style and size, paper size (A4, A3, and A0, etc.), document format (words, pdf, ppt, etc.). While these requirements may seem silly to Suppliers, they can be important and very significant to Buyers (Tendering Organisations). This is an evident procedure, because Buyers uses the best available equipment and technologies they have at hand and readily accessible when needed efficiently cand economically review yours bid and carry out their works. Hence,

if you cannot meet these preliminary basic requirements such as choosing the correct font size as specified in the tender, then you cannot expect Buyers (Tendering Organisation) or their procurement department to properly read and trust your contractual documents or accept your proposed services to meet their exact requirements and needs. It is always important you comply with all the rules and requirement stated and specified in the tender documents, laying emphasis on the quality of the formatting or presentation requirements for bid submissions.

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