Also known as - Bidding Project, Tender Plan, Procurement Project, Construction Tender, Request for Proposal (RFP)
Complete Guide - Tender project refers to the process of soliciting bids for large-scale projects, typically in construction, public works, or procurement. It involves a systematic method where organizations invite contractors and suppliers to submit proposals for specific projects. These projects necessitate a thorough evaluation of submitted tenders based on criteria such as cost, capability, and compliance with requirements. Common applications include infrastructure development, government contracts, and major renovations, ensuring transparency and competitive pricing in securing services or materials.
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