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- Dictionarytender/ˈtɛndə/
adjective
- 1. showing gentleness, kindness, and affection: "he was being so kind and tender" Similar Opposite
- 2. (of food) easy to cut or chew; not tough: "tender green beans" Similar Opposite
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Basically, a tender is an offer or invitation to bid for a project or to accept a formal offer such as a takeover bid. This term usually refers to the process through which the government and financial institutions put forward invitation bids for large projects. These bids are to be submitted within a given deadline.
May 13, 2024 · A tender is a formal, structured invitation (in the form of an RFP or tender notice) from any government department/organisation/ministry or private company to suppliers to bid for the supply of goods and services.
Jun 16, 2024 · What Is a Tender? A tender is an invitation to bid for a project. Tendering usually refers to the process whereby governments and financial institutions invite bids for large projects...
Tender conditions: The rules of the tendering process and response . Tender format: Schedules and details Suppliers must include the following in their response: Scope of tender: Specifics of the goods/services required by the Buyer . Criteria for evaluation: The specifics of how the Buyer will evaluate responses
1. : marked by, responding to, or expressing the softer emotions : fond, loving. a tender lover. 2. a. : showing care : considerate, solicitous. tender regard. b. : highly susceptible to impressions or emotions : impressionable.
In its simplest form, tendering is the process by which an organisation who is in need of goods/services invites other parties to submit a proposal or bid to provide these goods/services. This invitation is formally referred to as a Request for Tender (RFT). Looking for a more detailed description?
Jun 26, 2024 · A tender, also known as an invitation to tender, a request for tender or a bid, is a formal, structured process for procuring goods or services. A tender can come in many forms and sizes, depending on the preferences of the buyer and the level of detail required to make an informed contract award.
Jun 20, 2024 · A tender is a formal offer or bid from a potential supplier looking to win a contract for works or services, usually submitted in writing, the tender outlines the work or supply of goods or services, at a stated price and under stated conditions.
Tender definition: soft or delicate in substance; not hard or tough. See examples of TENDER used in a sentence.
A tender is a formal offer to supply goods or to do a particular job, and a statement of the price that you or your company will charge. If a contract is put out to tender, formal offers are invited. If a company wins a tender, their offer is accepted.
