What does 'open tendering' allow compared to other methods?

Open tendering is a procurement method that promotes transparency and competition by allowing unlimited participation from all qualified bidders. This approach ensures that any vendor who meets the specified criteria can submit a bid, fostering an inclusive environment that encourages a broader range of solutions and competitive pricing.

The key advantage of open tendering is that it helps to eliminate bias in the bidding process, as all interested parties have the opportunity to compete on equal footing. This often leads to better value for the buyer, as they can compare a diverse array of bids.

In contrast, other methods like restricted tendering typically limit the process to selected vendors or specific companies, which may reduce the options available and potentially limit innovation and competitiveness in bids. Thus, the nature of open tendering fundamentally emphasizes inclusivity and fairness in procurement processes.