What type of information is typically excluded from a tender bid?

The information typically excluded from a tender bid includes proprietary or confidential business information that is unrelated to the tender. This exclusion is crucial because tenders are designed to be transparent and focused on the specifics of the project at hand. Including proprietary information could not only compromise the competitive position of the bidding entity but also violate confidentiality agreements or intellectual property laws.

The tender process is built on providing a fair comparison among bidders based on relevant criteria, which are generally outlined in the tender documents. Therefore, information such as the cost breakdown of materials, detailed project methodology, and qualifications of the bidding team is relevant and necessary for evaluators to assess the proposals effectively.