123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

What Are Tenders Its Various Types

Profile Picture
By Author: Wisemonkeys
Total Articles: 277
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

A tender is an invitation to bid for a project or obtain a formal offer such as an acquisition bid (Takeover bid). The process of Tendering usually refers to the process whereby various governments and financial institutions invite bids for large projects which must be submitted within a deadline date. Based on the goods & services to be procured through tenders, they are categorized by the following types:

Work Contract Tenders
Goods Tenders
Service Tenders
Project Tenders
Various types of procedures are to be adopted for purchase of goods, services, works and projects. This depends on the types of goods & services, their frequency of purchase, and other specifications. Based on the availability of tenders such as “Who” can participate for tenders, these are further classified into:

Open Tenders: Whichever contractor can engage in such kinds of tenders. It is a kind of Post evaluation method where at the time of Bid Opening his capabilities are checked to execute the given works.
Limited Tenders: These are tenders which are valid only for approved bidders who can participate ...
... in these tenders. It is a close circle of tenders where competition is among the pre qualified bidders.
Single Tenders: These are tenders when only a single source of supply is available and only a single tender is addressed to a selected supplier.
Global Tender: These tenders are open to everybody from any part of the world to supply the required quantity and quality of materials.
TendersAndBids is a Global Tenders provider that gives you the leverage to choose from a variety of tenders online. All types of tenders published by any tender issuing authority from everywhere in the world are available with us. E-Procurement notices worth Millions @ Just USD 1/Notice!

It is said that "Knowledge is Power" and Wisemonkeys(https://wisemonkeys.info/) is the ideal platform to prove this right where this blog was posted. Additionally, when knowledge is free it should be shared. Therefore, keeping this in mind Wisemonkeys an LMS platform is developed so that people can exchange their ideas, knowledge and experiences for the wise Gen z.

SIGN UP(https://me.wisemonkeys.info/login) TODAY and upgrade your knowledge base.

Total Views: 152Word Count: 342See All articles From Author

Add Comment

Business Articles

1. Repair And Maintenance Guide For Garden Fencing
Author: Vikram kumar

2. Lucintel Forecasts The Global Palatant Market To Grow With A Cagr Of 5% From 2024 To 2030
Author: Lucintel LLC

3. Choosing The Right Gas Regulator In Florida: A Complete Guide
Author: Technico

4. Why Deer Park Learners Trust Local Driving Instructors
Author: Aintree Driving School

5. How To Properly Install And Uninstall Your Air Conditioner System With A Low Budget
Author: Neha Jain

6. What Is The Role Of Pdca In Iso 50001?
Author: William Charles

7. Step-by-step Instructions On How To Generate Inventory Reports Quickbooks?
Author: Jack Edwards

8. How To Track Employee Work Hours Efficiently With Trackhr
Author: TrackHr App

9. From Grounded To Global: 4 Ceos Rewiring India’s Aviation Sky
Author: Skyone

10. The Role Of Automation In Modern Cloud Migration Methodology
Author: Netscribes

11. Master Photo Retouching | Steps To Become A Photo Editing Expert
Author: ukclippingpath

12. Great Dependability And Performance Are The Reasons For Extensive Use Of Hydro Pneumatic Press
Author: David Camp

13. Best Lasik Eye Surgery For A Spectacle-free Life
Author: Anil Eye Hospital

14. Industrial Oven Manufacturers In Coimbatore
Author: Heatcon Sensors

15. Plumbing In North Salt Lake: Your Guide To Reliable Services
Author: Brown Jones

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: