Page 83 - BASIC PRINCIPLES OF QUANTITY SURVEYING PROFESSIONAL PRACTICES

Politeknik Kota Bharu

4.3 Advantages and Disadvantages of Each Type of

Tender

4.3.1 Advantages And Disadvantages of Open Tender

Advantages Disadvantages

• There is no discrimination or • A large number of
favoritism, and anyone can tender entries will clog up and

apply for the tender. slow down the tendering
process. Firms with little
• There is a variety of pricing
experience can enter the
competition, so the client
market.
can pick a good tender
price. • Unknown companies without
specific skills can enter the
• A new company with no
market
prior experience might enter

the market and encourage • There's a good chance the
them in their development. client will get the lowest
tender price.
• More employment
opportunities, particularly • Due to the evaluator's need to

for new companies. verify all the documents, the
evaluation process takes a
• Suitable for small and
long time.)
medium projects with a
simple design • Unrealistic competition

• Contractors gain a new

client

67