LTM tenders are those tenders called under Limited Tendering Method.
=> What is LTM in tender?
LTM stands for Limited Tendering Method. As the name signifies, these tenders are not open to all for competition, rather only a limited number of enlisted contractors can participate in these tenders. So these are called LTM tenders.
=> How to participate in LTM tenders?
If you want to participate in the LTM tenders then you have to enlist your company / enterprise in the respective organisation. LTM tenders are not open foll all but participation is restricted to only the enlisted contractors of that particular organisation. The large government organisations like PWD, RHD, LGED have their own list of eligible contractors.
So you can not participate in an LTM tender until you become enlisted in that particular organisation.
LTM tenders are good option for the new contractors, because participation in LTM tenders do not require any previous experience of similar works. Only liquid asset is required.
=> What are the limits for LTM tenders?
LTM tenders are comparatively low value tenders. The maximum limnits are up to 5.00 crore for Works procurement and 50.00 lacs for Goods, or Physical Services procurement according to Rule 80 of PPR 2025. LTM tendering is now also available for Plysical Service procurement.