request for tenders
Definition
Initiating step of a competitive tendering process in which qualified suppliers or contractors are invited to submit sealed bids for construction or for supply of specific and clearly defined goods or services during a specified timeframe.
request for tenders is in the Agreements & Contracts and Purchasing & Procurement subjects.
request for tenders appears in the definitions of the following terms: tender offer, tender, invitation to tender, request for proposals (RFP), request for quotations (RFQ) and responsive bidder
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