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Latest Sector Wise and Industry wise Tenders

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 INDIAN STATE TENDERS
Andaman and Nicobar Island
Tenders (339)
Andhra Pradesh Tenders (3891)
Arunachal Pradesh Tenders (21)
Assam Tenders (1514)
Bihar Tenders (1216)
Chandigarh Tenders (322)
Chhattisgarh Tenders (897)
Dadra and Nagar Haveli Tenders (9)
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Delhi Tenders (11930)
Goa Tenders (186)
Gujarat Tenders (2828)
Haryana Tenders (2202)
Himachal Pradesh Tenders (334)
Jammu and Kashmir-JK Tenders
(1082)
Jharkhand Tenders (1300)
Karnataka Tenders (7141)
Kerala Tenders (3749)
Lakshadweep Tenders (23)
Madhya Pradesh Tenders (1705)
Maharashtra Tenders (16873)
Manipur Tenders (59)
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Nagaland Tenders (16)
Odisha Tenders (1575)
Puducherry Tenders (89)
Punjab Tenders (791)
Rajasthan Tenders (2176)
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What is Tendering?
To invite bids for a project, or to accept a formal offer such as a takeover bid.
Tender usually refers to the process whereby governments invite bids for large
projects that must be submitted within a finite deadline.

Tendering Process

Tendering is the process of making an offer, bid or proposal, or expressing interest

in response to an invitation or request for tender. Organizations will seek other
businesses to respond to a particular need, such as the supply of goods and
services, and will select an offer or tender that meets their needs and provides the
best value for money.
What is Tendering Process?
The tendering process is generally utilised for procurements or contracts involving
substantial amounts of money. Tendering is utilised by:

● Government departments, offices and agencies

● Private sector companies and businesses
● Non Government Organizations
● Overseas markets and businesses

While the concept of tendering may seem daunting at first, it can be easily tackled by
having a plan of ‘attack'. When becoming involved in a tendering process, it is important
to understand your business' suitability for the project; whether your business' current
situation will allow for you to tender, as well as your ability to manage the contract if you
are successful in winning the tender
Types Of Tendering
Open Tendering

An open tendering process is an invitation to tender by public advertisement. There are

no restrictions placed on who can submit a tender, however, suppliers are required to
submit all required information and are evaluated against the stated selection criteria.

Select Tendering

A select tender is only open to a select number of suppliers. The suppliers may be a
short list sourced from an open tender or be a compilation of businesses that the
organization has worked with previously.
Types Of Tendering
Multi-stage Tendering

Multi-stage tendering is used when there are a large number of respondents. At each
stage in the process, the suppliers are culled to those who are most suited to the
specific contract requirements.

Invited Tendering

An organization contacts a select number of suppliers directly and requests them to

perform the contract, it is generally used for specialist work, emergency situations or for
low value, low risk and off the shelf options,
Tenders can be issued by:
● Expressions of interest (EOI)
○ Used to shortlist potential suppliers before seeking detailed offers.
● Request for information (RFI)
○ Used in the planning stage to assist in defining the project, however, not used
to select suppliers.
● Request for proposal (RFP)
○ Used where the project requirements have been defined, but an innovative or
flexible solution is needed.
● Request for quotation (RFQ)
○ Invites businesses to provide a quote for the provision of specific goods or
services.
● Request for tender (RFT)
○ An invitation to tender by public advertisement open to all suppliers.
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