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The benefits of the tender process are:
1-It allows the buying organisation get value for money through the wild range of variety and pool of suppler participation.
2-Promotes accountability and competition hence brings about innovation.
3-Allows buying organisation to identify sources of supply that they did not know of.
4-Saves money and time for both the organisation-for they buyer they will specify what they want so they are assured they responses will be in conformity. For the supplier they will be able to ascertain whether to bid not from the onset.
By implementing a tender process for a Project a client can ensure that he receives a competitive Bid on his project by various contractors. Therefore, allowing him to choose the best Contractor with the best offer which can result in success of the project in terms of cost, quality and time
the benefits of tender process to get the best and competitive price for the goods required.
1. It provides an effective way by which companies can examine whether they have the best supplier available for their particular needs.
2. It is a way to encourage innovation in the way services are provide.
3.It gives an opportunity to re-evaluate pricing structures thus a company is protected from being reaped off.
4. It gives a platform to exercise due diligence making it possible to realise value for money outcome from the procurement process
Providing opportunity for all suppliers, thereby we will get the supply in the best competitive price. Also we ensure that the supplier is under the acceptance of our terms and conditions.
In tender process best benefit is we get best and competitive price.
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