Tendering definition

Tendering means a formal procedure for getting written offers (tenders) for supply.

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Tendering means a formal procedure for obtaining written offers (tenders) for supply.

Tendering or “Quotation” means the contractor’s offer (usually financial) to undertake the procurement/contract

Examples of Tendering in a sentence

If you require any further advice, contact the Bravo e- Tendering Help Desk at ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇.▇▇.
The JV shall nominate a Representative who shall have the authority to conduct all business for and on behalf of any and all the members of the JV during the Tendering process and, in the event the JV is awarded the Contract, during contract execution.
You are requested to furnish the Performance Security within 30 days in accordance with the Conditions of Contract, using for that purpose the of the Performance Security Form included in Section X, Contract Forms, of the Tendering document.
If the Partnership elects to redeem any number of Tendered Units for REIT Shares rather than cash, on the Specified Redemption Date, the Tendering Party shall sell such number of the Tendered Units to the General Partner in exchange for a number of REIT Shares equal to the product of the REIT Shares Amount and the Applicable Percentage.
The Tendering Party shall have no right, with respect to any Partnership Units so redeemed, to receive any distribution paid with respect to Partnership Units if the record date for such distribution is on or after the Specified Redemption Date.

More Definitions of Tendering

Tendering means a formal procedure for getting written offers (tenders) for supply. Under this policy there are two tendering procedures - the full and the shortened procedure.

Tendering. – means the procedure for invitation to potential Tenderers to submit Tenders.

Tendering eligible options means that you have agreed to exchange your options for new RSUs based on the terms and subject to the conditions set forth in the Offer to Exchange.

Tendering means any formal and competitive procurement procedure through which bids are requested, received and evaluated for the procurement of goods, works, and services, and as a consequence of which an award is made to the successful bidder.

Tendering means a procurement procedure under which tenders are invited, received, examined and evaluated for the purpose of awarding a contract;

Tendering means the process that the tenderer must adopt to submit a tender.

Tendering means the systematic procedure of soliciting offers from suppliers/contractors/consultants. Tendering and Bidding will be synonymous.