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Tender (1)
TENDER (1)

Definition: A formal offer to supply goods or do work at a stated price.
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* All six elements should be in.


1. Purposeful.
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DUE PROCESS OR BEST PRACTICE.


2. Order is requested for. That is, there is an official advert (or publication) or formal request, as applicable, to submit an offer.
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SOLE, JOINT OR MULTINATIONAL.


3. Bid conditions are clear and realistic. That is, the requirements can be ordinarily met by those applying to make supplies.
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DIFFICULT, EASY OR 'IMPOSSIBLE'.
Below the Line
1. Offer made (submitted bids) meets or fulfills all the requirements - time or timing, fee(s), attachments, etc. (connect to #3).
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WHATEVER PRICES ARE QUOTED.


2. Submission is acknowledged as received.
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WIN OR LOSE.


further below the line


1. Bid is not made by anyone (or company or interest) that is connected with the eventual process that will lead to the (final) award of 'contract'.
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FOR 'PEANUTS' OR MEGABUCKS.

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