Question

 

Explain the process of prequalification of tender. What are the advantages and disadvantages of prequalification of bidders

01 Mar 2026
Answer :
Word Count : 567
The process of prequalification of tender involves evaluating the capabilities of contractors or suppliers before they are allowed to bid for a project. This process ensures that only those firms with the necessary experience, resources, and financial stability can participate, leading to more competitive and realistic bids. Prequalification typically starts with a request for information (RFI) or a prequalification questionnaire (PQQ), where potential bidders are asked to provide details about their company, past projects, financial standing, and technical capabilities. Based on the submitted information, the tendering authority evaluates the contractors to determine their suitability ____ ___ ________ __________ __________ _________ ________ ___ ________ ________.
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