Tendering Process

The tendering process is a structured method used by organizations, such as governments or companies, to invite suppliers or contractors to submit bids for projects or services. It involves announcing the project, setting criteria for qualifications and costs, and inviting interested parties to submit proposals. After reviewing the bids, the organization selects the most suitable one based on quality, price, and compliance with requirements. This process ensures transparency, competitiveness, and fairness, helping organizations achieve the best value for their investments while promoting equal opportunities for bidders.