Tendering Basics - Free download as Word Doc (.doc /.docx), PDF File (.pdf), Text File. A risk as in an open tender Disadvantages: Limiting the number of tenderers may exclude. Purpose of serial tendering is to gain benefits of continuity. These are the some disadvantages in this method. The purpose of serial tendering is to gain the benefits of continuity. The contractor for.

Best Answer: Simply put. Serial Tendering is a old US or current European term for 'subcontracting'. A 'General Contractor' bidding on a building a house, (for example) would seek bids from 'Subcontractors' such as Electricians, Plumbers, Framers, Roofers, Brick Layers, etc. Free download full version software.

The 'serial' aspect comes in to play as once the best bids are accepted, the 'subcontractors' have to be 'lined up' so that they are at the job site as needed, so as not to delay the next phase or completion of the project. Tendering is a client asking several constructors for a price to build something and then picking the one that they prefer either on price design, quality, quality or cost effectiveness in the longer term. Serial tendering does exist, but I can`t explain it and the only site that does is down at the moment. Here are the main three types used; If you re-ask this question in the 'business and finance' section of this forum then you will likely get a more educated answer.

It might be an alternative way of describing one of the above three descriptions, or it might not. This is the boats and boating section where a tender is a small boat used to carry people from the shore to a larger craft that is moored a little way out into the river or estuary because of it`s draught or tidal restrictions, and 'serial' does not apply in that case as far as I am aware.

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