Misplaced Pages

Tender

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

This is an old revision of this page, as edited by WikiWoo (talk | contribs) at 03:37, 9 August 2006 (expand and elaborate). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Revision as of 03:37, 9 August 2006 by WikiWoo (talk | contribs) (expand and elaborate)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)

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 port of call. 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 transport:

Other:

Topics referred to by the same term Disambiguation iconThis disambiguation page lists articles associated with the title Tender.
If an internal link led you here, you may wish to change the link to point directly to the intended article. Category: