High School

That a company may need security clearance is a possible reason for offering which type of tender?

A. Open tender
B. Selective tender
C. Negotiated tender
D. Serial tender

Answer :

A company may need security clearance is a possible reason for offering a Restricted tender.

What is a security clearance?

Upon the execution of a comprehensive criminal record check, persons are given the status of having possession of restricted locations or classified material.

With restricted tendering, only a small group of manufacturers, suppliers, or telecommunications companies are invited to submit bids. This is due to the possibility that the firm requires clearance with regard to security.

This provides them with the security that the company is a legit one and would not be any complications in future.

Learn more about security clearance, here:

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