What is special limited tender?

Answer 1

A special limited tender is a procurement method used by organizations or governments to acquire goods or services under specific conditions. It typically involves inviting bids from a select group of suppliers rather than the general public, often due to the specialized nature of the goods or services required. This approach allows for a more streamlined selection process, ensuring that only qualified vendors participate. Special limited tenders are often used for projects with time constraints or unique technical requirements.