Glossary
The NORAH glossary provides brief and clear explanations of technical terms and abbreviations. Can’t find the term you were looking for? Then simply get in touch with us via the contact form.
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Tender
A Tender is a special procedure for generating competing offers from different bidders looking to obtain an award of business activity in works, supply, or service contracts. In a public tender, a state or a community or authority declares a certain need, and calls on potential providers to make an offer.