What is a Tender? A tender is a process where the public sector (schools and hospitals) and private sector invite bids for large project projects that require raw materials, products, and services. A tender invites other businesses to bid to fulfil the contract. In this blog, I will explain the 3 main types of tenders […]
The 3 Main Types of Tender Explained Read More »
What is MEAT? MEAT was introduced by the European parliament in 2004 as part of the public procurement rules. These are known as the public contract regulations in the UK. MEAT stands for the Most Advantageously Economic Tender. It is what most buyers use during their selection process when deciding on the right supplier for
MEAT: Most Economically Advantageous Tender Read More »
What is the definition of a tender? A tender is a process where buyers invite bids for large projects. These projects require raw materials, services, and products so the government invites bids for businesses to prove why they are the best suited for the project. How do they work? The tendering process is fair and