Open Tender
If you opt for the open tender route then everyone who expresses an interest to your notice is provided with a full copy of your Invitation To Tender (ITT)/Statement Of Requirements (SOR).
As we shall see in stage six the average ITT/SOR for an EDRM solution is a detailed document that may comprise 100 pages. Responding to this is a major task for a supplier and evaluating their response is a major task for the project team and costly if you are paying consultants to assist you with this process.
It is not uncommon to receive 100 expressions of interest for a major EDRM notice. Although a high percentage of these will not bother completing a detailed SOR there is still a risk that you might receive 20 or 30 detailed bids. Some of those bids would be from integrators based on the same software. Going this route therefore tends to load work on both the suppliers and the team.
If you are using the OJEC route then Cimtech would recommend the restricted tender route.
