a) Two of the most common types of tenders in the local construction industry are the open tender and the direct negotiated tender. Make a comparison of these two types of tenders in terms of the following:

i. Participation of contractors in the tender exercise
ii. Weaknesses of the tender types

In the local construction industry, two of the most common types of tender are open and direct negotiated tender. The two types of tenders differ in the way they allow contractors to participate and their weaknesses.

i. Participation of contractors in the tender exercise Open tender is a type of tender in which any contractor can participate. It is open to all qualified bidders.

ii. Weaknesses of the tender types Open tender is sometimes criticized for being slow, costly, and inefficient. It is slow because the tender process can take a long time. It is costly because contractors have to spend a lot of money preparing their bids. It is inefficient because the tender process can result in a lot of paperwork, and it can be difficult for contractors to follow all the procedures. Direct negotiated tender, on the other hand, can be criticized for not being transparent. Since the client selects the contractors that can participate, it can create a perception of favoritism.

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a) Two of the most common types of tenders in the local construction industry are the open tender and the direct negotiated tender. Make a comparison of these two types of tenders in terms of the following:i. Participation of contractors in the tender exercise ii. Weaknesses of the tender types

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a) Two of the most common types of tenders in the local construction industry are the open tender and the direct negotiated tender. Make a comparison of these two types of tenders in terms of the following:

i. Participation of contractors in the tender exercise
ii. Weaknesses of the tender types