1 ) Needs & Budgeting

The Procuring Entity assesses its needs, estimates the contract value and allocates budget.
2 ) Tendering
The Procuring Entity publishes the tender documents, inviting bidders to submit their bid before a
set deadline. The bid should show compliance with selection and award criteria. Bidders seek
clarifications, if needed, and choose sub-contractors
3 ) Bids collection
Bidders submit their bids along with a form of bid guarantee, if so requested by the tender
documents.
4 ) Opening & Evaluation
At a public meeting, the Procuring Entity opens the bids. Submissions are evaluated to check for
compliance with the tender documents requirements
5 ) Award & Signing
After the winner is selected, winning and losing bidders are informed. The winning bidder (now
called contractor) signs the contract with the Procuring Entity, setting the terms of their
relationship.
6 ) Renegotiation
During the life of the contract, the contractor and the Procuring Entity may renegotiate certain
contract terms (for example, delivery time, materials, etc.).
7 ) Invoicing & Payment
During the works, the contractor provides regular invoices to the Procuring Entity, who checks
the progression and quality of the works. If the works comply with the contract, the Procuring
Entity pays the contractor.