Tagged: private tenders

tenders 0

General Tenders

Tenders A tender is an offer, usually in response to a published advertisement, for the supply of specified goods or the performance of specified work at prices and under conditions set out in the tender. Unlike other types of quotation, a tender may be an offer in the legal sense and therefore capable of acceptance by the person inviting it (as where it is made in response to an invitation to supply goods stated to be definitely required, but not otherwise); but it becomes a legally binding agreement only when it is accepted and up to that time the tender...