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    • Join Date: Jul 2005
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    #1

    Question "Tender" or "Bid"?

    In a procurement environment what is the correct term to use "tender" or "bid". Clarification regarding usage of the two will be appreciated - thanks

  1. Mister Micawber's Avatar
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    #2

    Re: "Tender" or "Bid"?

    .
    They are synonymous as nouns, Abes, with 'tender' perhaps more formal-- it seems to appear more often in the newspaper advertisements than does 'bid'.

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