Bidding Process

By Ashim Ekka Manas Kalita Naquib Ahmed Rajendra Kumar Ritesh Mehta Rohit Jayant

Types of Bidding
• Bidding can be conducted in three different ways – Public Tender
Formal invitation of tender & each offer will be assessed in terms of total cost, work schedule, and delivery etc.

Request for Proposal
When there is no specific requirement & the focus is to find the vendor with the best material / service. Bidding suppliers are asked to provide a detailed recommendation on how the project should proceed and a breakdown of the goods or services required

• Public Vendor qualification
Vendors are pre-qualified before they are able to participate in a bid process. This document solicits vendors for the purpose of identifying and pre-qualifying capable vendors based on specific criteria.

Sign up to vote on this title
UsefulNot useful