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Steps in Competitive bidding process for Privet Owners and Public Organization?

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Question added by Indra Ghosh , Sr. Contract Analyst , TC Energy Ltd
Date Posted: 2015/04/01
Md Fazlur Rahman
by Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

Steps for competitive bidding are same for public or private sector. The major steps are as follows:

  • Circulation of tender notice well in advance  to the major players in the market/industry with a broad based  specification 
  • Transparency   in bid closing, bid opening and bid eveluation process

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