Yender

Yes in so many ways! Listen to the words and spell through all three levels. Type: Invitation for Bids. To tender is to invite bids for a project or accept a formal offer such as a takeover bid. New Words coronnial. Renegotiation of contracts is in principle not possible, only if circumstances make it necessary it is possible to make changes as long as it stays within the basic terms of the original tender. It is intended that municipalities foster competition and lower prices through open tenders for the service contracts. Origin of tender 1 —; Middle English, variant of tendre tenerum, accusative of tener tender. Procedure with regard to contracting may vary from procuring entity and the type of good or service purchased. Tenders Duly experienced companies interested in participation in the tenders shall submit applications for inclusion in the list of potential bidders for the future tender. Since the deal targets shareholders directly, it effectively removes upper management from the process, unless those members of management are also substantial shareholders. For the purpose of a tender, the Company posts in its corporate web-site an invitation to the tender, the tender holding requirements, forms to be filled in by the bidders as well as other documentation needed to prepare tender bids.

Receiving paper in return for taxes was the mechanism conceived by the government to enforce acceptance of the peso as legal tender. Because this is a public and open process, laws were created to govern the process to ensure fair competition among bidders. Notice of an open one-stage tender for the right to conclude a supply contract of Purchase of detection and suppression of commercial uncrewed aerial vehicles. Derived forms of tender tenderable , adjective tenderer , noun. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.

Notices Buyers Product categories. Jan and Her Job L. Definitions Clear explanations of natural written and spoken English.

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After the awarding of the contract, the procuring entity will inform the tenderers of the result in writing. Other details will be provided in the course of the tender. However, if the requested shares are not released by the deadline, the deal is often considered void, effectively allowing shareholders to block the deal.
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Register to see more examples It's simple and it's free Register Connect. Unit holders are under no obligation to tender their shares. Minutes of meetings of the tender committee and extracts thereof are confidential documents and shall not be disclosed to the bidders.
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Requirements to the bidders Organizations having submitted their bids to the tender holder by the due date shall: a possess the required professional skills, qualifications and experience in the field as well as hold relevant licenses and permits as provided by the law and otherwise ; b possess sufficient funds, materials, equipment and personnel corresponding to the scale of the works; c not be insolvent or bankrupt or being wound-up property shall not be seized, business shall not be suspended ; d not have outstanding tax payments to budgets of any level or avoid mandatory payments to state extra-budgetary foundations. Other Words from tender Adjective tenderly adverb. Yet he also revealed a more tender side, and showed himself to have been unafraid to express true affection. My steak was juicy and tender. History and Etymology for tender Verb Anglo-French tendre to offer, propose for acceptance, literally, to stretch, hold out, from Old French, from Latin tendere.
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The legal tender status of foreign coins was not cancelled until Notice of an open one-stage tender for the services for corporate events organization for CPC Western region employees in Literally How to use a word that literally drives some people nuts. Since the deal targets shareholders directly, it effectively removes upper management from the process, unless those members of management are also substantial shareholders. Allen Harker.
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Add tender to one of your lists below, or create a new one. The offers that appear in this table are from partnerships from which Investopedia receives compensation. To save this word, you'll need to log in. Scope of the documents to be submitted to the tender holder.
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