circumstances under which competitive tendering might not be appropriate to goods works and services

Expert Solution

There are following circumstances under which competitive tendering might not be appropriate to goods works and services-

1. when highest level of quality standards are required in works and services, competitive tendering might not be appropriate. We know that a supplier forced to play the competitive tendering under pressure to keep costs down to ensure sufficient profit, which is possible only when he adjust some quality standards that leads to average quality of works and services instead of highest level of quality standards.

2. When speedy or immediate completion is required, competitive tendering might not be appropriate becase it can take longer time to choose a successful bidder as well as the result for product or service may be very late.

3. Where research and development is required in works and services,competitive tendering might not be appropriate as it can force a supplier to earn limited profit margin which is not possible for for supplier to spend on research and development.

Thanks & all the best..................

ekkarill92 answered 2 years ago

circumstances under which public financal management will allow the procurement of goods, works and services and...

circumstances under which public financal management will allow the procurement of goods, works and services and the benefits it comes with it

Describe the types/kinds of circumstances under which a company selling goods online might be forced to...

Describe the types/kinds of circumstances under which a company selling goods online might be forced to defend against a lawsuit in a state where it has no presence.

Under what circumstances might it be more appropriate to use the net asset value method? Give...

Under what circumstances might it be more appropriate to use the net asset value method? Give one example.

What are externalities? Why might markets which produce at equilibrium actually over or under produce goods/services?...

What are externalities? Why might markets which produce at equilibrium actually over or under produce goods/services? How could the government improve such market outcomes?

discuss circumstances in which Management Buy Out might be an appropriate form of divestment from a...

discuss circumstances in which Management Buy Out might be an appropriate form of divestment from a business

Q. Analyze critically that under what circumstances might a company want to use Supply Chain Services...

Q. Analyze critically that under what circumstances might a company want to use Supply Chain Services in Logistics Management from a third party? Although it largely depends on students creativity but answer KEY points should be included: ships small packages occasionally cost of shipment delivery time package pick-up time customer preference price of good and reliability of the carrier dependability

Due to the current circumstances (Covid-19), what are goods or services for which the government should...

Due to the current circumstances (Covid-19), what are goods or services for which the government should create a price floor/price ceiling?

Describe the circumstances under which a firm chooses a low-cost strategy to attain sustainable competitive advantage....

Describe the circumstances under which a firm chooses a low-cost strategy to attain sustainable competitive advantage. What about the situations when a differentiation strategy is chosen? Provide specific real world examples.

Under what circumstances might psychotherapy be harmful? in a minimum of 100 words

In 300 words, Under what circumstances would it be appropriate for a firm to use different...

In 300 words, Under what circumstances would it be appropriate for a firm to use different costs of capital for its different operating divisions? If the overall firm WACC were used as a hurdle rate for all divisions, would the riskier divisions or the more conservative divisions tend to get most of the investment projects? Why? If you were to try to estimate the appropriate cost of capital for different divisions, what problems might you encounter? What are the two...

Question