/'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. 2015.

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  • 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 — Tender Ten der, v. t. [imp. & p. p. {Tendered}; p. pr. & vb. n. {Tendering}.] [F. tendre to stretch, stretch out, reach, L. tendere. See {Tend} to move.] 1. (Law) To offer in payment or satisfaction of a demand, in order to save a penalty or… …   The Collaborative International Dictionary of 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

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