Competitive Procurement: How to Run a Tender Process

The video tutorial explains the tender process in procurement, breaking it down into 17 steps. It covers determining requirements, documenting them, evaluating bids, creating an evaluation framework, setting deadlines, attracting bidders, briefing them, and handling queries. The process includes receiving and evaluating bids, selecting the preferred bid, and finalizing the contract. Emphasis is placed on optimizing value over cost and ensuring compliance with rules, especially in public sector procurements.

What is the role of the evaluation team in the tender process?

What are the potential consequences of receiving a bid after the deadline?

How can you evaluate the bids received during the tender process?

What should be included in the contract negotiations after selecting a preferred bidder?