Purpose: The tender process is designed to find the most qualified and cost-effective supplier or service provider.
Nature: It can be open to all qualified parties or restricted to pre-selected vendors, depending on the organization’s requirements.
Transparency: The process adheres to principles of fairness, transparency, and accountability.

Open Tender: Available for all eligible parties to apply; widely advertised.
Restricted Tender: Only specific, pre-qualified suppliers are invited to bid.
Negotiated Tender: Direct negotiations with one or more suppliers, typically for specialized services.
E-Tender: Digital tendering process conducted through online platforms.

Communication: Clear channels for bidder queries and clarifications.
Amendments: Procedure for issuing updates or corrections to the tender document.
Bid Opening: Process for publicly or privately opening and recording bids.

For the Tendering Organization: Access to competitive pricing and innovative solutions. Fair selection process ensures credibility and accountability.
For Bidders: Opportunity to win prestigious contracts and build long-term partnerships. Platform to showcase expertise and capabilities.

Complexity: Extensive documentation and compliance requirements.
Competition: High competition can make it difficult for smaller vendors.
Timelines: Strict deadlines require meticulous planning.

Tender portals (government or private platforms). Advertisements in newspapers or industry journals.Organization’s website or procurement department.