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Question
Identify the correct sequence of the process in tendering : 
(I) Notice inviting tenders 
(II) Submission of bids 
(III) Analysis of submitted tenders 
(IV) Acceptance of tender 
(V) Work order 
(VI) Letter of intent
A.
(I), (II), (IV), (III), (V), (VI)
B.
(I), (II), (III), (IV), (VI), (V)
C.
(I), (II), (III), (IV), (V), (VI)
D.
(I), (II), (VI), (IV), (III), (V)
Answer ( Option B)

(I), (II), (III), (IV), (VI), (V)

Solution

The correct sequence of the process in tendering is: Notice inviting tenders → Submission of bids → Analysis of submitted tenders  → Acceptance of tender  → Letter of intent  → Work order

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