Tendering in construction is the process of soliciting bids from potential contractors for a construction project. The client will typically provide a detailed set of plans, specifications, and other information about the project to potential contractors, who will then submit a bid, outlining their approach to the work and their price estimate. The project owner will then evaluate the bids and award the contract to the most suitable contractor.
The goal of the tendering process is to identify the contractor who can provide the best value for the project, in terms of cost, quality, and risk. This process is typically a mandatory step for large public works and sometimes for private projects as well.
It can be done through different methods, such as Open, Serial and Selective (single-stage or two-stage) tendering.