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Tenders essentials for Bidders > What is Tenders?

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