Question
Download Solution PDFMatch the list - I with List - II and select the correct answer using the codes given below the list.
List I
List II
a. Open tender
1. The tender enquiry is sent only to one party.
b. Limited tender
2. Open for everyone and anyone can take part in the tendering process.
c. Single tender
3. Offer of tender is sent to limited parties and is not open for all.
| List I | List II |
|---|---|
| a. Open tender | 1. The tender enquiry is sent only to one party. |
| b. Limited tender | 2. Open for everyone and anyone can take part in the tendering process. |
| c. Single tender | 3. Offer of tender is sent to limited parties and is not open for all. |
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFExplanation:
Open Tender
-
In an open tender, the invitation is made public, allowing any qualified party to submit a bid.
-
It ensures maximum competition and transparency in procurement.
-
Commonly used in government and public sector projects.
Additional InformationLimited Tender
-
A limited tender is sent only to a select group of vendors, often pre-qualified or registered.
-
It is used when the scope is limited or time is constrained, and competitive bids are still desired but not from the general public.
-
Increases speed while maintaining some competition.
Single Tender
-
A single tender is issued to only one party, typically when the item is proprietary or only one source is known.
-
It is a non-competitive procurement process.
-
Used in emergency situations or when only one supplier is capable of fulfilling the requirement.
Last updated on Jul 1, 2025
-> JKSSB Junior Engineer recruitment exam date 2025 for Civil and Electrical Engineering has been rescheduled on its official website.
-> JKSSB JE exam will be conducted on 31st August (Civil), and on 24th August 2025 (Electrical).
-> JKSSB JE application form correction facility has been started. Candidates can make corrections in the JKSSB recruitment 2025 form from June 23 to 27.
-> JKSSB JE recruitment 2025 notification has been released for Civil Engineering.
-> A total of 508 vacancies has been announced for JKSSB JE Civil Engineering recruitment 2025.
-> JKSSB JE Online Application form will be activated from 18th May 2025 to 16th June 2025
-> Candidates who are preparing for the exam can access the JKSSB JE syllabus PDF from official website of JKSSB.
-> The candidates can check the JKSSB JE Previous Year Papers to understand the difficulty level of the exam.
-> Candidates also attempt the JKSSB JE Mock Test which gives you an experience of the actual exam.