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'''Tender''' may mean:
Tenders are special procedures followed to conduct a competition to generate competitive prices among different independant bidders looking to obtain an award of business activity in works, supply, or service contracts. The term originates in the use of tenders, small boats that would assist the functioning of a larger boat or ship when arriving at a ]. When merchant ships were about to arrive at a port, they would post a notice describing the goods they wished to buy or sell. This notice was delivered ahead of the larger ship by a tender (boat), and hence the process became known as tendering (i.e., describing the delivery of offers for buying or selling to facilitate the procurement of goods or services)

'''Tender''' may also mean:


In finance: In finance:
*A process by which one can seek prices and terms for a particular project (such as a construction job) to be carried out under a contract. The sealed offers themselves, including company information, a project outline, and a price quote, are known as tenders or bids. See Also: ], ], ] and ]. *A process by which a government or company seeks quotes for a particular project (such as a construction job) to be carried out by a contracting company. The sealed offers themselves, including company information, a project outline, and a price quote, are known as tenders. See Also: ], ], ] and ].
*], is a term used in ] by ] for disbusrments of ] funds from ] to ] in ].
*], a term used of ] *], a term used of ]
*] - used to propose a buyout of a public company *] - used to propose a buyout of a public company

Revision as of 01:32, 10 August 2006

Tender may mean:

In finance:

  • A process by which a government or company seeks quotes for a particular project (such as a construction job) to be carried out by a contracting company. The sealed offers themselves, including company information, a project outline, and a price quote, are known as tenders. See Also: Tenders, reverse auction, Contract A and RFQ.
  • Legal tender, a term used of currency
  • tender offer - used to propose a buyout of a public company

In transport:

Other:

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