What is a Tender, and Why is it Important? Tendering can seem like a complex process if you're new to it, but once you understand the basics, it becomes much easier to navigate. Whether you're a small business owner, a contract
The term tender proposal is used in the procurement field to describe the response from potential suppliers to a request for proposal (RFP). There are three aspects to every tender proposal: company overview, response to specifications, and pricing. Tend
EMD stands for Earnest Money Deposit. It is a sum of money submitted by a bidder along with their tender application to demonstrate their seriousness and commitment to the tender process. The purpose of the EMD is to e