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What is tender management?

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Tender management, also known as bid management, encompasses the process of handling bids or proposals submitted by suppliers in response to invitations to tender. It involves the meticulous preparation, evaluation, and selection of bids to ensure the best value and quality for the contracting organisation. Effective tender management plays a vital role in fostering competition, reducing costs, and optimising outcomes in both the public and commercial sectors. [Read more]

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