A formal offer to supply good or carry out work at a stated price.
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A tender is a formal offer to supply goods or to do a particular job, and a statement of the price that you or your company will charge. If a contract is put out to tender, formal offers are invited. If a company wins a tender, their offer is accepted. Some services are now compulsorily put out to tender.
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Answer- Hey mate i hope the answer is Tender
Explanation: A tender is a formal offer to supply goods or to do a particular job, and a statement of the price that you or your company will charge. If a contract is put out to tender, formal offers are invited. If a company wins a tender, their offer is accepted. Some services are now compulsorily put out to tender.
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