The Letter of Intent for Construction Bidding serves as a crucial preliminary step in Singapore's construction procurement process. It enables potential contractors to formally express their interest in bidding for construction projects while demonstrating their capabilities and commitment. This document is typically used during the pre-qualification phase of major construction projects, providing project owners with initial information about potential bidders' qualifications, experience, and capacity. The LOI must align with Singapore's building regulations and BCA requirements, though it generally remains non-binding. It often precedes more detailed tender submissions and helps project owners shortlist qualified contractors.
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1. Project Identification: Clear identification of the construction project, location, and reference details
2. Bidding Party Details: Complete information about the company/consortium intending to bid, including registration details and contact information
3. Scope Declaration: Brief outline of intended scope of work and understanding of the project requirements
4. Expression of Interest: Formal statement of intention to participate in bidding process and commitment to comply with bidding requirements
5. Validity Period: Duration for which the LOI remains valid and terms of any possible extensions
6. Non-Binding Statement: Clear statement that LOI does not constitute a binding contract or guarantee of award
1. Preliminary Price Indication: Rough estimate of project cost, to be included when early pricing indication is required by the client
2. Consortium Details: Information about partnership structure and responsibilities, required when bidding as a consortium
3. Previous Experience: Summary of relevant project experience, recommended for complex or specialized projects
4. Financial Capacity Statement: Overview of financial capability and resources, recommended for large-scale projects
5. Key Personnel: Information about proposed key project team members, useful for projects requiring specific expertise
1. Company Profile: Detailed information about the bidding company including corporate structure and capabilities
2. Track Record: Comprehensive list of similar projects completed with relevant details and references
3. Financial Statements: Recent financial information demonstrating financial capacity and stability
4. Certifications: Copies of relevant industry certifications, accreditations, and licenses
5. Organization Chart: Proposed project organization structure and key personnel CVs
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