Competitive tendering is often associated with the _______ model.Question 2Answera.Transactionalb.Collaborativec.Strategicd.Integrated

Discuss the need for due diligence in selective tendering.

Suppose that you are the sales manager of a firm manufacturing industrial pumps. A government factory has come up with a tender for a set of pumps, and multiple competitors have sent proposals. You have to work towards winning the order. What are the factors you think your proposal should possess for this to happen?

Whereas the law provides for specific considerations in the tendering process, the performance of contracts arising therefrom may have limited the reliance placed on ‘pacta sunt servanda’ in certain circumstances. In view of the statement, a) Explain the legal considerations to be observed by buyers in the tendering process.

Q4. The following sub-questions are about tendering methods.(a) Open tender, selective tender, negotiated tender and serial tender are fourtypes of common tendering methods. What are the definitions of opentender, selective tender and negotiated tender, respectively?(12 marks)(b) Company A plans to introduce alterations and additions to an existing 6-storey primary school building. You (as a project manager from a contractor)are approached by Company A (the client) to give advice on the tenderingmethod for this project. The client expresses that they will have the contractprice fixed and the scope of project well-defined in the tender document.What are your suggestions?

Discuss the differences between selective tendering and open tendering.