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Define types of tenders-Single tender,Limited Tender,Open Tender,Global Tender
a.) Single Tender : When only one source of supply is available then single tender is addressed to the selected supplier.
b.) Limited Tender : This type of tender is addressed to a limited number of suppliers, who are the reliable source of supply.
c.) Open Tender : is open to all the suppliers within the country who can supply the required quantity and quality of materials. Such invitation is made by advertising in newspapers, journals etc.
d.) Global Tender: is open to anybody from any part of the world to supply the required quantity and quality of materials.
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