115 Another Word for Tender Process? – Tender Process Synonyms & Antonyms

Want to say tender process differently? Here are other words for tender process and its similar synonyms and opposite words to say in unique way.


Meaning of tender process

The primary meaning of "tender process" refers to a formal, structured method of acquiring goods, services, or works from suppliers, contractors, or service providers, typically involving a competitive bidding or proposal submission process.

Etymology of tender process

The word "tender" originates from the Old French word "tendre," meaning "to stretch or offer," which is derived from the Latin word "tendere," meaning "to stretch or hold out."
The term "tender process" has its roots in the 15th century, when it referred to the act of offering or presenting something, such as a bid or proposal, for consideration or acceptance.

Synonyms

bidding process procurement process contract process acquisition process purchasing process proposal process quotation process solicitation process invitation process request process evaluation process assessment process selection process appointment process engagement process hiring process recruitment process commissioning process outsourcing process offshoring process insourcing process partnership process alliance process consortium process collaboration process cooperative process competitive process transparent process open process public process private process restricted process formal process informal process standardized process customized process

Definitions

  • A formal invitation to suppliers or contractors to bid for a particular project, contract, or service, usually with specified terms, conditions, and evaluation criteria.
  • * A systematic and transparent procedure for evaluating and selecting the best proposal, bid, or offer from a pool of competing suppliers, contractors, or service providers.

Usage Examples

  • The government agency initiated a tender process to select a contractor for the construction project.
  • * The company issued a tender process for the supply of raw materials, inviting bids from qualified suppliers.
  • * The organization followed a transparent tender process to ensure fairness and competitiveness in the selection of a service provider.

Antonyms

direct appointment sole sourcing single sourcing closed process restricted process informal process arbitrary selection biased selection unfair process non-competitive process untransparent process secretive process exclusive process monopolistic process oligopolistic process discriminatory process

Related Adjectives

formal structured competitive transparent open public private restricted standardized customized systematic methodical thorough rigorous fair unbiased equitable efficient effective

Related Nouns

bid proposal quotation contract agreement procurement acquisition purchasing supply service work project contractor supplier provider partner alliance consortium evaluation assessment selection appointment engagement

Related Verbs

bid propose quote contract agree procure acquire purchase supply provide partner collaborate evaluate assess select appoint engage invite solicit request submit
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