What Is Tenders,goods Tenders, Services Tenders, Works Tenders

What are Tenders?

What are Tenders?

The purchases made in different set-ups, whether in the Government or in the Public sector both Central/State, Municipal Corporations etc.are called Tenders. Government tenders,

Procurement Notifications can be classified into following categories;

Tenders By Type:

Goods Tenders

Services Tenders

Works Tenders

Tender by Process of procurement:

Tenders

Request for Proposal - RFP

Open Tenders / Limited Tenders

Single bid Tenders/ Multi Bid Envelop system Tenders (Two Bid Envelop Tender)

Goods Buy / sell Tenders

Request for Quotations - RFQ

Expression of Interest - EOI

Auctions

Forward Auctions

Reverse Auctions

Supplier / Contractor Empanelment or Vendor Enlistment

Work Contract

Services Contract

by: Swapnil Anand

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