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B
Open for registered parties
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C
Often for limited people
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D
None of the above
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Solution
The correct option is A Open for registered parties Limited tender procurement involves an entity approaching one or more potential suppliers of its choice, to make submissions, such as quotes or tenders, to provide goods or services.
Restricted tendering is a procurement method that limits the request for tenders to a select number of suppliers, contractors or service providers. This method of procurement is also called: Limited Bidding and Selective Tendering.