What Is a Tender Proposal ?

1 ANSWERS

1. Guest4034
   

   The term tender proposal is used in the procurement field to describe the response from potential suppliers to a request for proposal (RFP). There are three aspects to every tender proposal: company overview, response to specifications, and pricing. Tender proposals are legally binding responses in a procurement process. There is a great deal of business law surrounding contracts, RFPs, tender proposals, and conditions of acceptance. Take the time to ensure that your response is accurate and presents a solution that can be completed profitable.

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