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Hi Mike, I’m getting myself all confused with an ‘invitation for tender’
Is an invitation for tender an ‘offer’ or an ‘invitation to treat’ and what is the reasoning behind this? I’m finding the BPP text book quite confusing!
Thanks!
It’s inviting others to put in their projected price for a service that we need. We shall invite 5 or 6 different contractors to send in a tender and then, presumably – but not always, we shall select the one that is the cheapest
Certainly we should be selecting the one that appears to be best value for money
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