![]() ![]() That’s why it’s important to make good Bid/No-bid decisions when responding to open tenders. Open tendering has its critics, as it allows anyone to submit which can be a waste of time and money for both buyer and seller. ![]() This may start with a Pre-Qualification Questionnaire, or PQQ where the buyer verifies you have the capability to deliver before the full Invitation to Tender (ITT), or the PQQ may be part of the ITT itself alongside quality questions, method statements, and social value requirements. ![]() Every organisation that wants to, can submit a tender. This is the type of tender you are most likely to see in the public sector, as it is, as the name implies, open to anyone who wishes to submit a response. There are four main types of tender in public and private procurement. It’s helpful to understand the difference between these tender types, so you know what to expect when you start the process. There are several different types of tender that you might come across as you’re scrolling through Contracts Finder or Find a Tender, looking for new opportunities for your business. ![]()
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