Open tender- Open tender is a tender in which the company or government invites contractors or customers for any work through newspaper or website

Selective tender or tender-

Selective tender open tender process is issued. Its purpose is to give proper opportunity to the contractors who will execute the work in a better way to submit the necessary bids in time.

Serial Tendering Process-

It is an advanced method of tender which combines the normal competitive tender on a negotiated basis. It is mostly used for those who have multiple stages of the same work.

Term Tender-

This type of tender is mostly used in large projects which require high maintenance. Through this tender the contractor is asked to cover specific buildings or constructions in different locations. A term tender is limited to a specified period of time and may demand certain criteria to be met by the supplier complying with the customer’s requirements.