In the Government or in the Public sector both Central/State
psus, Municipal Corporations etc. are called Tender Notices for their daily
Purchase & Contracts. Based on goods & services to be procured through
this tenders, Tenders are categorized by the following Tender Type
Tender Type:
Tender Type:
- Goods Tenders
- Services Tenders
- Work Contract Tenders
There are different type of procedure to be adopted for
Purchase of goods, services & works. This mainly depend on goods &
services type, their frequency of purchase, and other specifications. Different
procurement roots adopted in government are as follows
Types of Tender by Tendering Process
- Tenders
Based on
accessibility of tenders like Who can Participate in Tenders, Tenders are
further classified as
Open Tenders
: Any Contractor can Participate in such kind of tenders. It is a kind of Post
evaluation method where at the time of Bid Opening his capabilities are check
to execute the given works.
Limited Tenders :
In such kind of tenders only approved bidders can participate in this tenders.
It is a Kind of close Tenders where competition among the pre Qualified
bidders.
- Request for Proposal - RFP
- Request for Quotations - RFQ
- Expression of Interest - EOI
- Auctions
- Forward Auctions
- Reverse Auctions
- Supplier / Contractor Empanelment or Vendor Enlistment
- Tender for Rate Contract
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