Tendering definition

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

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

• 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.

• If a Tenderer is a Supplier offering the Goods on behalf of or from a Manufacturer under Manufacturer's Authorization Form (Section IV, Tendering Forms), the Manufacturer shall demonstrate the above qualifications 4.2 (b) (i), (ii), and (iii) and the Tenderer shall demonstrate it meets the following criteria.

• We have paid, or will pay the following commissions, gratuities, or fees with respect to the Tendering process or execution of the Contract: [insert complete name of each Recipient, its full address, r gratuity].

• 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.

• Refer to Section ‘Guidelines to Bidders on the operations of Electronic Tendering System of Public Works Department’ for details.

More Definitions of Tendering

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

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

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

Tendering. For off-patent medicines tendering leads to significant price reductions (in some cases > 90%). The successful tenderer gets sole subsidized supply of the medicine for a fixed term thus creating maximum incentive to offer the best price.