For each task, it is necessary to select contractors who will provide the required service of good quality for the lowest amount. One of the key mechanisms that helps organize this process and select suitable contractors is called a “tender”.
In this article, we will take a closer look at the word tender. We will analyze the features of tenders, how they work, what types exist. In particular, we will learn how to become a participant in a tender and increase your chances of winning the bidding.
What is a tender in simple terms
A tender is a procedure in which one organization (the customer) announces a competition between suppliers for the right to fulfill a certain order. For example, to telegram data supply goods or provide a service. The organization that announces the tender evaluates the information and various proposals and selects the most suitable one in terms of quality and price.
For example, a state or municipality may announce a tender for the construction of a hospital in a region, and a private company may announce a tender for the non-verbal gestures supply of office furniture. Companies participating in the open tender submit their proposals, and the customer selects the winner based on the specified criteria. The winner of the bidding receives the contract.
What types of tenders are there?
Companies, state corporations, individual entrepreneurs, self-employed individuals and individuals can participate in tenders. The most important thing is to go to a specialized site, collect the necessary documentation package and create the best offer.
At the same time, there are many types of tenders, each with its own characteristics. For example, it is not always enough for a supplier to simply offer the lowest philippines numbers price in a short time to win. Much depends on the type of tender you are participating in. For example, there are open and closed tenders:
1) Open tenders. Any company can participate in open tenders. It is enough to just meet the customer’s requirements. The main advantage of such tenders is only high competition and transparency of the process. They are suitable for organizing any public procurement, as they provide equal conditions for all participants.