tendering — ten‧der‧ing [ˈtendərɪŋ] noun [uncountable] COMMERCE the act or practice of making offers in the form of tenders: • The Government is introducing competitive tendering (= when several companies make tenders to try and get work ) for local leisure… … Financial and business terms
Tendering — is the acquisition of goods and/or services at the best possible total cost of ownership, in the right quantity and quality, at the right time, in the right place for the direct benefit or use of governments, corporations, or local authorities,… … Wikipedia
tendering — / tendərɪŋ/ noun the act of putting forward an estimate of cost ● To be successful, you must follow the tendering procedure as laid out in the documents … Marketing dictionary in english
tendering — / tendərɪŋ/ noun the act of putting forward an estimate of cost ● To be successful, you must follow the tendering procedure as laid out in the documents … Dictionary of banking and finance
tendering — ten·der || tendÉ™(r) n. bid, offer; overseer, supervisor; car attached to a locomotive for carrying fuel and water v. offer formally, suggest, make a suggestion adj. gentle, soft, delicate … English contemporary dictionary
tendering — noun ( s) Etymology: from gerund of tender (II) : a lessening of the strength of cloth or yarn; especially : a weakening caused by acids during manufacture * * * tenˈdering noun • • • … Useful english dictionary
collusive tendering — ➔ tendering * * * collusive tendering UK US noun [U] (also collusive bidding) LAW ► a situation in which companies share information illegally among themselves when offering to supply goods or services, in order to control the price: »Collusive… … Financial and business terms
collusive tendering — A process in which firms tendering for contracts put out to tender by (typically) public authorities agree to share out contracts between them and/or to fix the price at which bids are to be made. Practical Law Dictionary. Glossary of UK, US and… … Law dictionary
Compulsory Competitive Tendering — (CCT) England, Wales An initiative whereby local authorities were forced to open up in house services, such as refuse collection and road maintenance, to private competition in the 1980s in an effort to cut costs and improve value for money. The… … Law dictionary
Information Services Procurement Library — The Information Services Procurement Library (ISPL) is a best practice library for the management of Information Technology related acquisition processes. It helps both the customer and supplier organization to achieve the desired quality using… … Wikipedia
