Revision as of 11:52, 24 August 2006 editObiterDicta (talk | contribs)Extended confirmed users4,874 edits The article is not only about government tenders and these are general terms← Previous edit | Latest revision as of 23:11, 15 July 2021 edit undoTom.Reding (talk | contribs)Autopatrolled, Extended confirmed users, Page movers, Template editors3,871,807 editsm +{{Authority control}} (2 IDs from Wikidata), WP:GenFixes on (uncategorized page)Tag: AWB | ||
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'''Tenders''' are special procedures to generate competing offers from different bidders looking to obtain an award of business activity in works, supply, or service contracts. | |||
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==Types of tenders== | |||
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'''Open tenders''', also called advertised or competitive tenders, are open to all vendors or contractors who can guarantee performance. Example: and . | |||
'''Invited tenders''', also called prequalified, short-listed or selective tenders, are only open to selected prequalified vendors or contractors. Example: and . | |||
==Origin of the term== | |||
When merchant ships arrived at a ], they would post a notice describing the goods they wished to buy or sell. This notice was delivered ahead of the ship by a ]—a small boat—and hence the process became known as tendering. | |||
==See also== | |||
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==External links== | |||
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