Tendering Flashcards
4 concepts of tendering
Fairness
Simplicity
Clarity
Accountability
Why is fairness important in tendering?
Bidders are treated equally
Why is simplicity important in tendering
Reduces admin costs
Why is clarity important for tendering
Spreads risk
Allows bidders to compare like for like
Why is accountability important in tendering?
Equal chances of winning
Best value for public money
What is the purpose of the EU rules on tendering?
To open up public procurement within the EU to ensure free movement of supplies, services and works.
Phase one of tendering
Invitation
Clarification period
Submission of tender bid
Phase two of tendering
Opening and checking
Selection
Phase three of tendering
Acceptance
Notifying other parties
What is open tendering?
Open invite - numbers are restricted
Pre registration
Advantages of open tendering (4)
No bias
New companies - competition
Public accountability
Traditional/ familiar
Disadvantages of open tendering (3)
Cost rises with each bid
No history
Chance of winning is less with each bid - some firms wont bid
What does restricted open tendering involve?
A PQQ
Advantages of restricted open tendering (2)
Reduced cost to bidders/ client
Only includes suitable bids
Disadvantages of restricted open tendering (2)
Long process
Less range of bids
