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5 Types of Procurement Method
- 1. Open Tendering Open tendering is also called competitive bidding. ...
- 2. Closed Tendering Closed tendering is the opposite of open tendering. ...
- 3. Two-Stage Tendering As the name suggests, two-stage tendering has two procedures under it. ...
- 4. Request for X (RFx) Request for X or “RFx” is a term that encompasses all requesting processes that happen in the procurement process. ...
- 5. Single-Source ...
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