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The Bid Depository System has been
established to improve tendering practices in the Construction industry. It
provides for the reception of sealed tenders from Trade Contractors,
whereby the sanctity of bidding is protected, and those receiving their
tenders obtain firm quotations in writing and in adequate time to compile
their bids, completely and accurately. These procedures are in the best
interests of Owners, Architects, Engineers and Contractors.
The New Brunswick Bid Depository is operated by three
Regional Offices located at the Fredericton Northwest Construction
Association, Moncton Northeast Construction Association and Saint John
Information Centre, under the guidance of a Joint Advisory Board which is
responsible to the Construction Association of New Brunswick Inc., to
ensure the System is managed in accordance with the Bid Depository of New
Brunswick Regulations and Rules of Procedure.
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