TransWikia.com

Put something out to tender

English Language & Usage Asked on March 4, 2021

TENDER: (intransitive) followed by for: to make a formal offer
or estimate for (a job or contract).

noun: the act or an instance of tendering; offer.

What does tender mean in put something out to tender ?

One Answer

It means that in answer to a formal procedure making explicit that someone (company, business) is accepting propositions for doing a particular job for them, these propositions having to do with the means intended to accomplish this job and the price that is required (if that price has not been fixed), you make such a proposition.

Answered by LPH on March 4, 2021

Add your own answers!

Ask a Question

Get help from others!

© 2024 TransWikia.com. All rights reserved. Sites we Love: PCI Database, UKBizDB, Menu Kuliner, Sharing RPP