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Serial Tendering Advantages And Disadvantages
Serial Tendering Advantages And Disadvantages




Tendering period longer because it involved two distinct stages.Tender Price may invariably higher than would have been in open tendering.It reduced the cost of tendering (economic use of resources, reduced tender documentation, shorter tender periods, better management of the tender process, etc.).Reduces the availability of work for other contractors especially new contractors.Only the competent contractors were invited to tender, then the lowest can be accepted.The advantages and disadvantages of the selective tendering are stated below. Such list may be prepared through recommendation from the Client’s professional adviser whom have knowledge of the Contractors undertaking the work in the past or advertisement through the newspaper (pre-qualification). and to make the tendering procedure more manageable and less a burden on the parties involved. security reasons in government projects, Etc. The purpose of the elective tendering are to improve the quality of the bids received, to ensure that contractors with the necessary experience and competence are given the opportunity to submit the necessary bids, due to urgency work involved, for specific reasons of the employer, e.g. In this method, a short list of contractor is drawn up and they are invited to submit tenders. Selective tendering is the one alternatives developed to address the limitations of the open tendering procedure. Does not attract reputable and established contractor unless they are forced to, due to lack of work.Traditional method of tendering, familiar to all sector of the engineering and construction industry.Public accountability may be questioned if the lowest offer is not accepted.Ensuring good competition not obliged to accept any offers.Allowing the tender list to be made without bias.The tender list can be long as too many contractors tendering for one job.Therefore it gives opportunity for an unknown contractor to compete for the work. It allows any interested contractor to tender.The advantages and disadvantages of open tender are stated below: Client does not bind to accept the lowest or any offer. Although price is very important in the decision on which tender or bid to accept, it is not the only factor taken into account. Until the receipt of a bone fide tender selected then it will be returned. In order to reduce number of enquirers, earnest money is deposited (for private project). If the pre-requisite to tendering on the form of possession of the necessary registration has been identified in the tender notice, then the advertisement is directed to only that particular class of the public having the said qualifications.






Serial Tendering Advantages And Disadvantages