What does it mean when something has been tendered?

Meaning of tendered in English If you tender for something such as shares, you make a formal offer to buy them for a stated price. T formal. to give or offer something: Please tender the exact fare. The health minister has tendered her resignation ( has offered to leave her job).

What does it mean when a document is tendered?

Tender document definition In simple terms, a tender document outlines important information and instructions for participating in a procurement. The documents are provided by a buyer to potential suppliers. They outline the requirements, terms, and conditions for a specific project or contract.

What does tender mean in Treasury bill?

When purchasing government securities such as U.S. Treasury bills, bonds, and notes a tender has a different meaning. It refers to the bidding process in which investors purchase these securities. In a stock buyback, a tender offer refers to a corporation's solicitation to repurchase its stock from shareholders.

What does tendered mean in business?

Tendering usually refers to the process whereby governments and financial institutions invite bids for large projects that must be submitted within a finite deadline. The word tender can also refer to the acceptance of a formal offer, such as a takeover bid.

What is the meaning of tender document?

Tender document definition In simple terms, a tender document outlines important information and instructions for participating in a procurement. The documents are provided by a buyer to potential suppliers. They outline the requirements, terms, and conditions for a specific project or contract.

What is a deposit tender?

Tender Deposit means a deposit which may be required to be paid with the submission of a bid as an act of good faith by the potential supplier or contractor.

What is the purpose of tender?

What is a Tender? Basically, a tender is an offer or invitation to bid for a project or to accept a formal offer such as a takeover bid. This term usually refers to the process through which the government and financial institutions put forward invitation bids for large projects.

What is meant by tender floating?

Float a tender means making a formal announcement to the public through advertising in newspapers or other industry publications. Tendering process involves many detailed and meticulous steps, from submitting bids to awarding the contract.

Get 2676 Oc Refloat Tender Doc

Ies for the following work at Numaligarh: Name of Work: Service contract for data entry, record keeping & office assistance of Maintenance Planning Department; Tender No. & Date Due Date & Time of Submission Earnest Money Deposit OC16000128 Dt.: 12.12.2012 03.01.2013 Upto 3.00 P.M. Rs. 7,000.00 Contract Period 02 Years with provision for further extension of 01 more year subject to satisfactory performance of the vendor. BRIEF SCOPE OF WORK: Service contract for data entry, record keepi.

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