Tenders
/ˈtɛndərz/
Definitions
- (n.) Offers or bids submitted in response to a request for proposals or invitations to contract, typically in procurement or public contracts.
The company submitted its tenders before the deadline for the government project.
Forms
- tender
Related terms
See also
Commentary
In legal contexts, 'tenders' usually refers to multiple offers or bids for contracts; clarity in specifying the type of tender process can be important in drafting.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.