Open Tender definition

Open Tender means the process of publicly inviting offers to supply goods or provide services involving specifications and detailed documentation.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Open Tender means a one stage Tender process whereby any party may submit a Tender.

Open Tender means a procurement method for acquisition of goods, works and services which involves an invitation to submit a full bid in a competitive bidding process without pre- qualification to all interested economic operators.

Examples of Open Tender in a sentence

There shall be compulsory registration of agents for all Global (Open) Tender and Limited Tender.
Bids must be completed in black ink, enclosed in a sealed envelope and clearly marked with the “Project number, project name and description”, deposited in the Open Tender Box, Ground Floor, O.
The Ministry of Infrastructure, Transport, and Networks, acting on behalf of the Hellenic Republic, conducted an International Open Tender for the implementation of the Project “Design - Construction - Financing - Operation - Maintenance and Exploitation of the New International Airport of Heraklion Crete & Design - Construction and Financing of the Road Connections” (the “Project”).
To the Bidder who refused to participate in the Open Tender within the specified period, the Tender security shall be returned by the Open Tender Organizer within 7 (seven) banking days from the date of receipt by the Open Tender Organizer of the corresponding written application from the Bidder.
The purpose of this summary is to provide prior notification of the IO intention to launch a competitive Open Tender process in the coming weeks.

More Definitions of Open Tender

Open Tender means a tender that is advertised to the entire market via an open invitation process e.g. SA Tenders website accompanied by an advertisement.

Open Tender means the tenders invited in open and public manner and with adequate notice.

Open Tender means the tendering procedure in which any interested economic entity may submit a tender in the context of a call for tenders.

Open Tender or “Open tendering” means: A Tender involving publishing an open approach to market and inviting submissions.

Open Tender means Requests for Proposals, Request for Quotations or Call for Tenders advertised publicly.

Open Tender means a procedure for inviting Tenders by advertisement in which an Invitation to Tender is sent to all Contractors who express an interest in Tendering

Open Tender means a tender which is open to all parties to make offers;