Competitive tender - Revision history

Designing Buildings at 09:31, 28 September 2020

2020-09-28T09:31:48Z

← Older revision		Revision as of 09:31, 28 September 2020
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	* Why the lowest price isn't sustainable.		* Why the lowest price isn't sustainable.

−	[[Category:~~Articles_needing_more_work~~]] [[Category:Cost_/_business_planning]] [[Category:Procurement]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Cost_/_business_planning]] [[Category:Procurement]]

Designing Buildings at 11:45, 4 May 2020

2020-05-04T11:45:02Z

← Older revision		Revision as of 11:45, 4 May 2020
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	For more information see: Tender evaluation, and Procurement route.		For more information see: Tender evaluation, and Procurement route.
		+
		+	NB The [https://www.ungm.org/Areas/Public/pph/go01.html UN Procurement Practitioner's Handbook], produced by the Interagency Procurement Working Group (IAPWG) in 2006 and updated in 2012, defines competitive bidding as: 'A procurement method in which offers from competing suppliers are invited by open advertisement and provided with the scope, specifications, and terms and conditions of the proposed contract as well as the criteria by which the offers will be evaluated. The objectives of competitive bidding are to obtain goods or services at the lowest cost or best value through open and fair competition.'

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

Editor at 13:10, 23 April 2020

2020-04-23T13:10:43Z

← Older revision		Revision as of 13:10, 23 April 2020
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	* Compliant bid.		* Compliant bid.
	* Form of tender.		* Form of tender.
		+	* Insourcing.
	* Most economically advantageous tender (MEAT).		* Most economically advantageous tender (MEAT).
	* Non-compliant tender.		* Non-compliant tender.

Editor at 10:13, 9 April 2020

2020-04-09T10:13:38Z

← Older revision		Revision as of 10:13, 9 April 2020
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	* Best value.		* Best value.
		+	* Best value procurement.
	* Bid evaluation.		* Bid evaluation.
	* Bid strategies.		* Bid strategies.

Editor at 10:43, 17 October 2019

2019-10-17T10:43:13Z

← Older revision		Revision as of 10:43, 17 October 2019
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	* Two-stage tender.		* Two-stage tender.
	* Variant bid.		* Variant bid.
		+	* Why the lowest price isn't sustainable.

	[[Category:Articles_needing_more_work]] [[Category:Cost_/_business_planning]] [[Category:Procurement]]		[[Category:Articles_needing_more_work]] [[Category:Cost_/_business_planning]] [[Category:Procurement]]

Editor at 17:26, 1 July 2019

2019-07-01T17:26:58Z

← Older revision		Revision as of 17:26, 1 July 2019
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	* Most economically advantageous tender (MEAT).		* Most economically advantageous tender (MEAT).
	* Non-compliant tender.		* Non-compliant tender.
		+	* Preferred tenderer.
	* Proposals.		* Proposals.
	* Single-stage tender.		* Single-stage tender.

Editor at 17:54, 7 June 2019

2019-06-07T17:54:38Z

← Older revision		Revision as of 17:54, 7 June 2019
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	* Bid evaluation.		* Bid evaluation.
	* Bid strategies.		* Bid strategies.
		+	* Compliant bid.
	* Form of tender.		* Form of tender.
	* Most economically advantageous tender (MEAT).		* Most economically advantageous tender (MEAT).

Editor at 17:53, 4 June 2019

2019-06-04T17:53:54Z

← Older revision		Revision as of 17:53, 4 June 2019
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	* Form of tender.		* Form of tender.
	* Most economically advantageous tender (MEAT).		* Most economically advantageous tender (MEAT).
		+	* Non-compliant tender.
	* Proposals.		* Proposals.
	* Single-stage tender.		* Single-stage tender.

Editor at 15:52, 24 September 2018

2018-09-24T15:52:14Z

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	Those tendering for a contract are often competing with others, and generally, none of the tenderers are aware of the quotes provided by each other; therefore, they are incentivised to submit their most competitive tender. In this way, it is believed that competition in procurement can add value for the client.		Those tendering for a contract are often competing with others, and generally, none of the tenderers are aware of the quotes provided by each other; therefore, they are incentivised to submit their most competitive tender. In this way, it is believed that competition in procurement can add value for the client.

−	Competitive tendering became increasingly common in the UK in the 1980s, when it was seen as a way of making public organisations open themselves up to bids from a number of different firms. This was intended to increase transparency, drive down costs and improve the efficiency of state-funded organisations such as central and local government departments.	+	Competitive tendering became increasingly common in the UK in the 1980s, when it was seen as a way of making public organisations open themselves up to bids from a number of different firms. This was intended to increase transparency, drive down costs, and improve the efficiency of state-funded organisations such as central and local government departments.

	However, it has been criticised for placing too much emphasis on cost, and not necessarily achieving best value for the client. Competitive tendering can be seen as a 'race to the bottom' and can lead to disputes later in the project as suppliers seek mechanisms to increase their price.		However, it has been criticised for placing too much emphasis on cost, and not necessarily achieving best value for the client. Competitive tendering can be seen as a 'race to the bottom' and can lead to disputes later in the project as suppliers seek mechanisms to increase their price.
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	For more information see: Tender evaluation, and Procurement route.		For more information see: Tender evaluation, and Procurement route.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Best value.		* Best value.
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	* Form of tender.		* Form of tender.
	* Most economically advantageous tender (MEAT).		* Most economically advantageous tender (MEAT).
		+	* Proposals.
	* Single-stage tender.		* Single-stage tender.
	* Tender.		* Tender.

Editor at 16:23, 3 August 2018

2018-08-03T16:23:10Z

← Older revision		Revision as of 16:23, 3 August 2018
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	* Tender evaluation.		* Tender evaluation.
	* Two-stage tender.		* Two-stage tender.
		+	* Variant bid.

	[[Category:Articles_needing_more_work]] [[Category:Cost_/_business_planning]] [[Category:Procurement]]		[[Category:Articles_needing_more_work]] [[Category:Cost_/_business_planning]] [[Category:Procurement]]