The process of tenders or tender bids is a system extensively followed in the construction industry. However, it’s not limited to only construction. In fact, it’s an important part of the public procurement process of government and private entities.



Construction tenders, in particular, include submission of proposal or tender in other terms. This bidding may be to undertake construction projects or to manage them. Generally, such tenders start with the process of cost estimation, followed by making blueprints and material selection.

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