"Competitive tender" refers to the process in which multiple businesses or entities submit their bids or proposals to win a contract or project by offering the best terms, price, or value compared to other competitors.
Full definition
Synonyms for individual words can be found below.
«competitive»
«tender»
Phrases with «competitive tender»
Sentences with «competitive tender»
- Private sector providers were most successful at winning contracts awarded via competitive tender — 80 (41 %), compared to 59 (30 %) won by NHS providers. (sciencedaily.com)
- Lawyers have expressed concerns about government proposals for a price competitive tendering process to consolidate provision of help to people facing eviction. (newlawjournal.co.uk)
- Chris Grayling announced his plans for competitive tendering for criminal legal aid in April 2013. (newlawjournal.co.uk)
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