Tender Documents vs Contract Documents
2K views
Nov 10, 2023
Tendering is the process of inviting bids for a project. A formal bid, offer, or proposal for Projects, Goods, or Services within a specified deadline is invited or requested by the tendering process. A tender is basically a written offer for executing some specified work within a pre-decided time as per written terms and conditions and agreements. Tender Requests or Tendering includes various documents like ITB (Invitation to Tenders), RTF (Requests for Tenders), RFP (Requests for Proposals), etc which are known as Tender Documents.