Which of the following best explains 'tendering'?
A) Activities needed to select contractor for the work based on competitive bids.
B) Activities needed to develop technical specification of the work.
C) Activities needed to select contractor.
D) Activities need to implement a technical specification.

Question

Which of the following best explains 'tendering'? 
A) Activities needed to select contractor for the work based on competitive bids. 
B) Activities needed to develop technical specification of the work. 
C) Activities needed to select contractor. 
D) Activities need to implement a technical specification.

Quizplus · Accepted Answer

Tendering refers to the process of selecting a contractor for the work based on competitive bids. It involves inviting bids from potential contractors and evaluating them based on factors such as cost, experience, and performance history.

Which of the Following Best Explains 'Tendering