Definitions for tenderer
ten·der·er

WiktionaryRate this definition:0.0 / 0 votes

1. tenderernoun

   One who tenders (a bid, a contract, etc.).

WikipediaRate this definition:0.0 / 0 votes

1. tenderer

   Procurement is the method of discovering and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. When a government agency buys goods or services through this practice, it is referred to as public procurement.Procurement as an organizational process is intended to ensure that the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and fluctuations in the prices of goods. Organisations which have adopted a corporate social responsibility perspective are also likely to require their purchasing activity to take wider societal and ethical considerations into account. On the other hand, the introduction of external regulations concerning accounting practices can affect ongoing buyer-supplier relations in unforeseen manners.

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1. tenderer

   A tenderer is an individual, company, or organization that submits a tender or bid in response to a request for proposals (RFP), request for tenders (RFT), or similar procurement process. They are seeking to be selected as the preferred supplier or contractor for a specific project or contract, typically by offering their goods, services, or expertise at a specified price or terms. Tenderers may compete against each other to secure the opportunity and are expected to meet the requirements outlined in the tender documents, including providing relevant information, pricing details, and demonstrating their capacity and suitability for the project.

Anagrams for tenderer »

1. reentred

2. re-entred

3. rerented

4. retender

How to pronounce tenderer?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say tenderer in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of tenderer in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of tenderer in Pythagorean Numerology is: 8

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References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Tenderer
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Tenderer
3. ^ ChatGPT
   https://chat.openai.com