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Vocabobobo Posted 17 years ago
Vocabulary

Untendered contract

Hello. Could anyone explain to me what what kind of a contract is an "untendered contract" is?

Thanks a lot in advance.
  

Top answer

I suppose that it is a contract that did not go through the competitive process of tendering ( tender = a written offer to contract goods or services at a specified cost or rate; a bid).

— Mister Micawber

  • I suppose that it is a contract that did not go through the competitive process of tendering ( tender = a written offer to contract goods or services at a specified cost or rate; a bid).
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1 Answers
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I suppose that it is a contract that did not go through the competitive process of tendering (tender = a written offer to contract goods or services at a specified cost or rate; a bid).
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