What does sequential tendering involve?

Sequential tendering involves dividing a project into separate packages, allowing for multiple bids from different contractors or suppliers for each individual package. This method encourages competition among vendors for each specific component of the project, potentially leading to cost savings and specialized expertise for different aspects of the work.

By structuring the project in this way, project managers can select the best bids for each individual package based on factors such as price, quality, and vendor experience. This approach can be particularly beneficial for large-scale projects that consist of various distinct elements, enabling them to optimize procurement strategies and manage project timelines more effectively.

In contrast, the other options outline methods that do not align with the principles of sequential tendering. Combining all project components for a single bid would create a different, more centralized approach. Contracting with a single vendor for all services does not leverage the benefits of specialization. Submitting a comprehensive project proposal relates to initial tendering formats but does not pertain to the sequential packaging of components.