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Words in Business News
By Jon Fernquest

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[Thai Economics Library | Archives (for history)]
November 08, 2006

Tender

tender (noun) - a formal offer to supply goods or a service at a given price

the highest tender, the lowest tender, the successful tender, competitive tender, open tender, private tender, public tender, submit a tender, make a tender, put in a tender, invite tenders, put the project out to tender, accept a tender, lose a tender, win a tender...


Example sentences:

* The Malaysian government has a policy of awarding tenders for projects, goods and services mostly to ethnic Malay companies under an affirmative action programme.

* The government invited tenders for the large infrastructure projects it was planning.

* The food service contract for the military was put out to competitive tender.

* The building of the new subway will go out to tender.

* The property that was seized by the bank is to be sold by tender.

* All the terms of the contract will be included in the tender documents.

* Everything that has to be done in this project will be put out to tender for competitive bidding.

* Following the trend to privatisation in recent years, many municipal services have been put out to private tender.

* Let me tender you my honest advice which you may follow or not as you please.

* You should look at this small company, one of only two companies able to tender for any product specification.

* The legal requirements for the government project are included in the rules of tender.

* When you mail in your completed tender form, include a cashier's check or certified personal check.

* I had never dreamed that I would be forced to tender it for so little. Selling this house will be painful but necessary.



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