Open Tendering: Definition, Advantages and Challenges – NZES Quick Takes

Open Tendering is a procurement strategy that often serves as the cornerstone for contract allocation in sectors like construction, where Quantity Surveyors play a pivotal role. This approach involves a public announcement that invites contractors to submit their proposals or bids for a project. With its roots in promoting a transparent, equitable, and competitive bidding environment, Open Tendering is particularly favoured for public-sector initiatives and large private-sector projects.

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