Technical Bid vs Financial Bid Explained | Tender Basics for Beginners

In this video, we explain the difference between Technical Bid and Financial Bid in a simple and practical manner.

📋 Technical Bid = Qualification & Eligibility Documents

💰 Financial Bid = Price Quotation & Rates Offered

Learn:
✔ What is a Technical Bid?
✔ What is a Financial Bid?
✔ Documents required in Technical Bid
✔ How Financial Bids are evaluated
✔ Tender evaluation process
✔ Difference between Technical and Financial Bid
✔ Common mistakes bidders should avoid
government tender,
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government tenders for small business,
government tender kaise lete hain,
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government tender website,
government tender kaise dekhe,
government tender kaise le,
government tender kya hota hai
Example included

Construction, Invoicing, RAB, Running Accounts Bill, Retention Money, Security deposit, Recovery, Bank Guarantee, BG, Performance bank guarantee, PBG, Tendering, Contracts, Pre bid meeting, Pre bid queries, Notice Inviting Tender, NIT, Earnest Money Deposit, EMD, Pre qualification, Indirect costs, Overheads, Direct costs, Bid evaluation, bid opening, Financial bid, Quotations from sub contractors, Defect Liability Period, DLP, Virtual completion certificate, Cash flow in construction, Tender at glance, Tender summary, Schedules in construction, Plant and machinery, Salaries, Temporary structures, Conveyance, Provident fund, ESI, EPF, labor cess, CPWD Contract conditions, GCC, SCC, Construction drawings, Architectural, structural, MEP drawings, Design, execution, planning, procurement, operations, Escalation, Liquidated Damages, LD, Bonus, Rents, Maintenance, Price variation, Power of attorney, Indices, Clauses, Rate Analysis, Earthwork, Concreting, Shuttering, Electrical, Mechanical, Plastering, Painting, Brickwork, Reinforcement, Structural steel, cost estimation and monitoring in construction, civil engineering, rate analysis, excavation, road works, landscaping, hardscaping

Tender, Tender Result, All India Tender Live, BOQ, GeM Portal, Solvency Certificate, Guarantee, EMD, Link, Everything We will go through.
If you are new to Government Tenders, Procurement, EMD, Security Deposit, Bank Guarantees, and Bid Submission, this video is for you.

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