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Q. |
involves the preparation of tenders based on a typical or notional bill of quantities or schedule of works. |
A. | framework tendering |
B. | selective tendering |
C. | negotiated tendering |
D. | serial tendering |
Answer» D. serial tendering | |
Explanation: the rates submitted can then be used to value works over a series of similar projects, often for a fixed period of time following which the tendering procedure may be repeated. serial tendering can reduce tender costs, and may encourage suppliers to submit low rates to secure an ongoing program of work. |
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