1.

_______________ tendering is used when all the information necessary to calculate a realistic price is available when tendering commences.(a) Single-stage(b) Double-stage(c) Framework(d) Serial

Answer» Right choice is (a) Single-stage

Best explanation: Single-stage tendering is the more traditional route, used when all the information necessary to calculate a realistic price is available when tendering commences:

• An invitation to tender is issued to prospective suppliers (perhaps following completion of a pre-qualification questionnaire and/or a pre-tender interview). The invitation to tender will include information describing the goods or services required in sufficient detail to enable prospective suppliers to prepare an accurate tender.

• Tenders are prepared and returned by prospective suppliers (this may involve questions and answers and a mid-tender interview to clarify the client’s requirements).

• Submitted tenders are then assessed and compared (this may involve further interviews).

• The preferred tenderer is selected and negotiations opened.

• Subject to the outcome of those negotiations the preferred tenderer may then be appointed.


Discussion

No Comment Found

Related InterviewSolutions