Serial Tendering Advantages And Disadvantages

Negotiated tendering Method: Under this, the buyer invites a contractor of his choice to submit prices for a project. Selective Tendering method: Under this, the buyer advertises his project and invites contractors to apply, based on a selected list of contractors who will be invited to bid for the project.Ĭontractors applying are given a list of information they should supply about themselves in order to pre-qualify.

Open- Tendering Method: Under this, the buyer advertises his proposed project, and permits as many contractors as are interested to apply for tender documents. There are five types of Construction Tenders and they are Open- Tendering Selective Tendering Negotiation Tendering Term Tendering Serial Tendering Tendering methods are selected based on the type of the construction projects. The article will throw some light on types of construction tenders and conventional tender process for government construction projects. In this article we will be focusing on Traditional procurement method used for government construction projects or contracts. Government Construction projects and Contracts Tendering Process under construction is a process of submitting a proposal to undertake government construction projects.ĭepending on the language in the bid proposal the construction companies make their bids for submission, and if accepted, a legally enforceable contract is created. Serial Tendering Advantages And Disadvantages Series Of Similar.Serial Tendering Advantages And Disadvantages Serial Tender And.