Search results for keyword: bidder
invitation to tender
Invitation to Bid
The ABC Company is pleased to invite interested businesses to submit bids for the manufacture and delivery of certain products.
We are looking to purchase products with the following specifications:
Product: XYZ
Quantity: 100 units
Minimum cost: $100
Delivery da......
06/07/2023 
1049 
Emily
invalid bid
Invalid Bidding
Bidding is an essential part of almost all business operations. It requires businesses to offer their services at a price that will be attractive to potential customers in order to secure projects and win contracts. Unfortunately, there are instances of invalid bidding that can le......
Bank Guarantee
Bank Guarante
A bank guarantee is a promise from a bank or financial institution to honour the obligations of a customer if they are unable to fulfil them. The guarantee essentially serves as a way for the customer to acquire credit from a third party, such as a supplier or potential buyer, by pr......
potential bidder
Introduction
In the era of technology and globalization, the potential for businesses and organizations – both big and small – to tap into the vast opportunities that international markets offer has increased exponentially. Businesses and organizations must move beyond what their local markets ......
forced auction
A forced auction is a legal process where a property is put up for sale against the wishes of the owner. It is usually done when the owner has failed to pay a mortgage, loan or other debt, and the lender wants to recover the amount owed.
In some cases, the property owner may be willing to partici......
rediscount policy
Abstract
The discounting policy refers to the policy of the bill of exchange in the use of the central bank to borrow funds from the previous special borrowing and the promissory note to the final agreement on the transfer of funds to the party. On the one hand, discount policy can sizeably impro......
On-site bid award and evaluation method
Live Bidding and Evaluation Method
Introduction
Live bidding and evaluation is a process that utilises a combination of auction and firms’ proposals and presentations in order to acquire goods and services for an organisation. It is usually used for procurements that require highly technical pr......
Tender Notice
Tendering Notice
The Ministry of Construction and Environment (MCE) is pleased to announce that it is now accepting tenders for construction and environmental projects.
The projects include:
-Building of dams
-Construction of residential areas, offices, and industrial sites
-Restoration of we......
Tenderee
Social Media and its Impact on Society
Nowadays, social media has become an integral part of our everyday lives. We often use it for communication, entertainment, learning, and many other purposes. It has revolutionized the way we interact with each other, and even how we view the world. From pol......
Comprehensive Bid Evaluation Method
Comprehensive Evaluation
Comprehensive evaluation is one of the most commonly used evaluation techniques in the construction industry. It is a method of evaluation that takes into account multiple criteria such as cost, quality, life cycle costs, sustainability, and other factors. It is a commonl......
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