List of Tender Dictionary / FAQ

The Tender Document will state how long the bids should remain valid. This implies that the Tender Inviting Authority will complete the bid opening, tender evaluation and contract award during this period.

Procurement is one of the most important activities in all Government. Departments and lots of Government fund is spent towards procuring, goods / works / services through various types of tenders across the country

Procurement is the process of buying goods, works or services. For instance, in terms of PPP, procurement comprises the process of buying the basic infrastructure and services. This may, for example, involve the acquisition of operation and management services for a basic service such as water suppl

Definition - 1 A tender is an offer in writing for executing certain specified work or for supplying specified materials subject to certain terms and conditions like rates, time limit, etc. Definition - 2 A tender is a formal offer to supply goods or to do a particular job, and a s