A bidding process that is open to all qualified bidders and where the seales bids are opened in public for scrutiny and are chosen on the basis of price and quality.
There are many methods and procedures in procurement. Some of these methods and procedures include open tendering, restricted tendering, two page tendering, and request for proposals.
Because companies bidding for the contract can deliberately underprice at the tendering stage so that when the get the contract the cost can creep up.
selection contract wil be competitive open tendering
The disadvantage of tendering systems is that they are very competitive. The advantage to tendering systems is that they always guarantee performance.
2024 has the bidding is still open
Open
Yes.
Selective bidding helps a business focus on their core competencies. When a business bids on all open bids they could get a project that doesn't align with their strategy.
you can find tendering articles of dr irfan ahmad on http://ezinearticles.com and http://www.articlesbase.com
Wow, just wow.
credit
credit