| Revision as of 12:52, 9 August 2006 editLexicon (talk | contribs)Administrators15,651 edits those are TYPES OF TENDERS and the examples happen to be from municipal governments, but that doesn't make the TYPE of tender public. The type of tender is the type of tender. period.← Previous edit | Revision as of 20:49, 9 August 2006 edit undoWikiWoo (talk | contribs)667 edits →Types of tenders: Ok Osgoode please find and post some comparable examples from the private sectorNext edit → | ||
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| ==Types of tenders== | ==Types of tenders== | ||
| ===Examples from the ]=== | |||
| '''Open tenders''', also called advertised or competitive tenders, are open to all vendors or contractors who can guarantee performance. Example: and . | '''Open tenders''', also called advertised or competitive tenders, are open to all vendors or contractors who can guarantee performance. Example: and . | ||
| '''Invited tenders''', also called prequalified, short-listed or selective tenders, are only open to selected prequalified vendors or contractors. Example: and . | '''Invited tenders''', also called prequalified, short-listed or selective tenders, are only open to selected prequalified vendors or contractors. Example: and . | ||
| ===Examples from the ]=== | |||
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| ==See also== | ==See also== | ||
Revision as of 20:49, 9 August 2006
Tenders are special procedures to generate competing offers from different bidders looking to obtain an award of business activity in works, supply, or service contracts. The term originates in the use of ship's tenders, small boats that would assist the functioning of a larger boat or ship when arriving at a port of call. When merchant ships were about to arrive at a port, they would post a notice describing the goods they wished to buy or sell. This notice was delivered ahead of the larger ship by a tender (boat), and hence the process became known as tendering (i.e., describing the delivery of offers for buying or selling to facilitate the procurement of goods or services)
Types of tenders
Examples from the public sector
Open tenders, also called advertised or competitive tenders, are open to all vendors or contractors who can guarantee performance. Example: ad and results.
Invited tenders, also called prequalified, short-listed or selective tenders, are only open to selected prequalified vendors or contractors. Example: ad and results.
Examples from the private sector
See also
External links
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