Allows different bidders to provide competitive quotations for products and services, among which the best will be selected.

Usually the least preferred method as it sets aside the rules that ensure there’s competition among the suppliers. Only used under exceptional circumstances.

Useful when a public procuring entity needs to purchase low-value items that are not frequently procured and are not covered in a framework agreement.

The submission of the technical and financial proposals happens in 2 different stages and at completely separate times as opposed to the same time.

A competitive procurement method that limits requests for tenders to suppliers, contractors or service providers already shortlisted by a procuring entity.