Commercial Aspects Of Engineering

Tendering






What is tendering


Tendering is the process of making and offer in response to invitation or request to tender. Companies will other suppliers to respond and meet the needs at cheaper price


What is a request for tender


A request for tender is an open invitation for suppliers to respond to a request being sent to potential suppliers. The request for tender usually requests information required from a request for information. It will not usually cover just product and service offerings, but will also include information about the suitability of the business. A request for tender is often not a very time or cost efficient method

Contracting

What is contracting