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What are Tenders?
The purchases made in different set-ups, whether in the
Government or in the Public sector both Central/State, Municipal Corporations etc.
are called Tenders. Government tenders,
Procurement Notifications can be classified into following categories;
Tenders By Type:
- Goods Tenders
- Services Tenders
- Works Tenders
Tender by Process of procurement:
- Tenders
- Request for Proposal - RFP
- Open Tenders / Limited Tenders
- Single bid Tenders/ Multi Bid Envelop system Tenders (Two Bid Envelop Tender)
- Goods Buy / sell Tenders
- Request for Quotations - RFQ
- Expression of Interest - EOI
- Auctions
- Forward Auctions
- Reverse Auctions
- Supplier / Contractor Empanelment or Vendor Enlistment
- Work Contract
- Services Contract
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