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Q: What are the advantages of tendering system?
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What are the advantages and disadvantages of tendering systems?

The disadvantage of tendering systems is that they are very competitive. The advantage to tendering systems is that they always guarantee performance.


What are the advantages of e - procurement?

selection contract wil be competitive open tendering


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.


What are the methods and procedures used in procurement?

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.


Is tendering a word?

Yes.


What is electronic tendering system?

It is like reverse auction, in which a buyer requests would-be sellers to submit bids; lowest biddder wins.


What are the advantages of traditional procurement management?

-selection contractor will be competitive open tendering -can get the most competitive price.....value for money governed by market conditions. -guaranteed lump sump price.


Where can you get tendering articles of dr irfan ahmad?

you can find tendering articles of dr irfan ahmad on http://ezinearticles.com and http://www.articlesbase.com


What advantages does a decimal money system have?

What advantages does a decimal money system have/?


What are the advantages and disadvantages of the babylonian system?

WHAT are the advantages and disadvantage of the babylonian system


What are the limitation of tendering as a method of purchasing?

credit


What is tendering a stock?

Wow, just wow.