Competitive Tendering | Negotiation |
No discussion and deviation is allowed | Discussion is permissible as well as deviations |
Less period of time is given for the contractors to study the project | Wide period of time is given for the contractors to study the project |
Reduces risks to the client i.e. less cover priced bids | Promotes the use of cover prices |
Expensive | Cheaper |
Time consuming | Save time |