Free Tenders By Categorywise

Tenders can be free or limited with constraints. Anyone can bid for free tenders provided they are in the particular fields of operation. Tenders are request by companies for prospective suppliers or service providers to bid for the project. Government is the primary source of free tenders. However, all free tenders are not identical. Various types of such tenders are there. Types are determined on the basis of establishment of categories. It is customary for the tender floating company to request for proposals from bidders. On their part bidders can respond to open or limited tenders as the case may be through single bid or multiple-bid envelops depending on the requisition of the requesting company.

Tenders can be free tenders or tagged with constraints. Free tenders are the ones for which anyone can apply irrespective of status and geographical locations provided that they are in the respective field of business. All free tenders are not uniform or matching and they come in various types.

Real Meaning of Tenders

Tenders are usually floated by requesting companies for purchases that are made in respect of different items. Set ups usually vary from case to case. When such purchases are made by advertising the intention of the buyer publicly, they are called tenders. Both public and private enterprises use the method for major purchases in their particular organizations.

Government Tenders

It is the Government that generally floats highest number of free tenders. Those floated may be classified into various categories.

Organization by Establishment

On the basis of establishments, tenders can be classified into - Tenders floated by the central or federal government. Tenders initiated by the state of provincial governments.Tenders that have been brought up by the public sector undertakings or local self government units.

Tenders that have been published by enterprises where government holds 50% or more shares.

 

Classification by Categories

Usually the tenders can be classified on the basis of their respective categories such as -

Goods tenders where cargo is purchased by the requesting authority depending on the responses received and deciding the winning suppliers.

Service tenders where the requesting authority asks for particular services to be rendered instead of goods or cargoes. Otherwise the principles are identical to the processes followed for goods tenders.

Works tenders in which the winning bidder accomplishes some task, usually constructions; for the floater of the tender.

Request For Offer

It does not mean that just responding to the tender will win it for the bidder. Usually the requesting company asks for proposals for initial short listing. At times all the bidders are allowed to compete openly and it is the adopted procedure in case of free tenders.
When published, tenders contain RPF or request for proposal where the requesting company asks the bidders to submit their proposals meeting the required specifications and by quoting their prices.

Open, Partial and Single or Multi-Bid enclose Tender

Tenders can also be open, limited, or single or multi-bid envelops tenders. Open system do not have any constraint and anyone can bid for it while limited bidding is confined to selected few. Bidders can bid with single bids or place multiple bids depending on the specification given by the requesting company. In any case, free tenders offer far bigger scope of comparison for the buyer and of opposition for the seller.