Business Growth Hub

Practical ‘how-to’ guides to support Ghanaian businesses

Added: 06/07/2020 Posted in: COVID-19 Resource 1 view (s)

Effective Tendering

Tender is an invitation document used by procuring entities to solicit for bids for Goods, Services or Works.
Tendering is the process of soliciting for bids /offers/proposals, to arrive at choosing the best offer, or
cheapest company to supply goods, or to do a job from offers received from several companies.
When we talk of Effective Tendering, it is about ensuring that demand (need) is met by Supply at Total Cost
of Ownership through a fair and transparent competitive process, delivered, monitored, paid and proper
documentation kept for future reference.
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