A market approach where multiple suppliers and contractors are invited to submit sealed bids to deliver goods or services.
A document created to support the tender / bid process for a work package. The plan sets out: How the package will be sourced … Read more
The way in which a work package is to be put out to the market. Market approaches include: Competitive bid, Sole-source, and Call-off.
The period from when Procurement receives a direction to issue a tender to the point at which the contract is signed by both parties.
A market approach where only one supplier or contractor is invited to submit a bid in response to a tender. Sole-source is discouraged as … Read more
Statement of Work, or Scope of Work. The formal description of goods and/or services to be provided by a contractor. It may be prepared by … Read more