Business Studies, asked by megamind9053, 1 year ago

Difference of tender document and contract document

Answers

Answered by Raaz1000

1

The term 'tender' means an invitation to trade under the terms on offer. 'Contract' refers to any agreement entered into between the buyer and another party. This could also be on behalf of the buyer and another party. This is for the execution of any work for the supply of goods, works or services.

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