There are three types of tendering methods used in construction industry!
1. Open Tendering
2. Selective Tendering
3. Negotiated Tendering.
Open tender is an arrangement where an advertisement in local newspapers or trade journals invites contractors to apply for tender documents.
A deposit is usually required to ensure that only serious offers are made;
Presumably it is needed to cover the cost of copying the documents. Local authorities have been advised against open tendering because it often leads to excessive tender lists where the cost of abortive tendering is considerable. There are instances of selection criteria being applied after the tender has been submitted, so a bid could be rejected if a contractor does not belong to an approved trade association.
Advantages of Open Tender
The main advantage of such tendering is as follow:
Disadvantages of Open Tender
The low price usually detriment of quality and often result in the client obtaining poor quality job and late completion of work.
Given that its open tender and thus there are no restrictions on the number of contractor who can bid and become bulky and lengthy job for tender analyses which often result in delays and high cost.
Selective tender: Selective tendering consists of drawing up a list of chosen firms and asking them to tender. It is by far the most common arrangement because it allows price to be the deciding criterion; all other selection factors will have been dealt with at the pre-qualification stage. There are three ways in which selective tendering lists are drawn up:
Ngotiated Tender :under this method normally one contractor is approached and such tender mainly used for specialist work such as lift system or airport project at big level, in such case there are limited number of contractor who do such work in the market .it is based on one-to-one discussion with contractors to negotiated the terms of contract
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