What is a tender?

The term ‘tender’ refers to a formal invitation to trade under the terms of offer.

An Invitation to Tender (ITT) is the documentation issued by the purchaser, typically including background information, terms and conditions and the contract specification.

The word tender can also be used to refer to the competitive bid submitted by a supplier in response to an Invitation to Tender, setting out how and at what cost they can fulfil the requirement.

We also commonly use the term tender to describe a notice published to advertise a purchaser’s intent to invite suppliers to tender. A ‘Tender Notice’ calls on interested suppliers to respond or ‘express interest’ within a given time period.

 

How does SMECluster help?

SMECluster helps you identify new opportunities and win business with the peace of mind that you will always be advised of a tender opportunity.

You will see from the level of detail we go to in our Category System that your profile can be as broad or refined as you want.

And it’s flexible - if you want to get tenders from a new sector or simply just tweak your profile, its as quick and simple as ABC.

At this point, you can also choose whether or not to include ‘Contract Award Notices’ - these tell you who won the contract and its value.

SMECluster offers consultancy services and technical support for PQQ and Tender writing for the successful submission of bids. With Bid Mangement, e Procurement and Profile Matching tools to save search time and the provision of a "Step by Step" guide to completing paperwork you can be confident in your bid submission.

Tendering Platform

Join our SME Cluster platform and identify new opportunities and win business

Key highlights of March 2014 Budget announcements

March 19 2014 UK Chancellor George Osborne delivered his annual Budget speech in Parliament today.

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The new EU Directive on Public Procurement: Accelerated Procedureseu directive

May 1 2014 Over the coming months the Tenders Direct Blog will cover the changes coming into force as a result of the new EU Directives on Public Procurement. So far we have already covered: - The history and a brief overview of the changes (The new EU Directives on Public Procurement have been published!) This blog will discuss the new procurement procedure ‘accelerated open’ and the changes surrounding the use of the ‘accelerated’ procedures. Please read our previous blogs and sign up to receive notification when the next in the series is published.

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The new EU Directives on Public Procurement have been published!

April 8 2014 On 28th March 2014 the three new Public Procurement Directives were published in the Official Journal of the European Union. These will come into force on 17 April 2014. The UK has two years to transpose these Directives into national law. It has been rumoured that this may, however, take place as soon as autumn.

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