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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