What is tendering?
Process of obtaining an offer from contractors/consultants to form a binding contract.
Purpose of tendering?
Select suitable contractor at suitable time and price.
Name three competitive tendering methods.
Open, single‑stage selective, two‑stage selective.
What is negotiated tendering?
Agreement of tender sum with one organisation.
What is serial tendering?
Using first phase tender price as basis for subsequent phases.
What is a framework agreement?
Long‑term arrangement with multiple contractors, projects awarded by call‑off.
Which method of tendering typically results in the lowest price for clients?
Open tendering.
Which method of tendering typically results in the highest price for clients?
Negotiated tendering.
The tendering method where contractors are selected based on their qualifications before being invited to submit a bid is known as?
Selective tendering.
Which tendering is used in phases or repeated over time?
Serial tendering.
Which tendering is used for getting the best price through competition?
Competitive tendering.
Which tendering is used for working with one chosen contractor directly?
Negotiated tendering.
Which method selects a contractor early and agrees the price later in a second stage?
Two-stage tendering.
Which tendering method creates a list of approved contractors for future work?
Framework tendering.
