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The disadvantage of tendering systems is that they are very competitive. The advantage to tendering systems is that they always guarantee performance.
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What are the advantages and disadvantages of selective tendering?
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What are the advantages and disadvantages of selective tendering?
Selective tendering has a low cost for production of tender documents since there is a small list of selected firms to tender. Price will be the main determinant for selection, since all other considerations would have been done already making the analysis process simple and faster.
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