An invitation to tender is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, ...

What does it mean when someone is tendering?

1 : marked by, responding to, or expressing the softer emotions : fond, loving a tender lover. 2a : showing care : considerate, solicitous tender regard. b : highly susceptible to impressions or emotions : impressionable a tender conscience.

What does tendering mean in business?

What is tendering? Tendering is a formal process where businesses are invited to bid for contracts from public or private sector organisations, which need specific skills for a project, or goods and services on an ongoing basis.