A Tender or Bid is a formal, structured invitation to suppliers/ contractors/ service providers for Supply/ Provision of Products or Services. For example, a Government may put a Building Project 'out to tender' that is, publish an invitation for other parties to make a proposal for the building's construction, on the understanding that any competition for the relevant government contract must be conducted in response to the tender, no parties having the unfair advantage of separate, prior, closed-door negotiations for the contract. An evaluation team will go through the tenders and decide who will get the contract.BIDSINFO keeps you updated with information on Tenders, Bids, RFPs, RFQs, Prequalification & Expression of Interests issued by Multilateral/ Bilateral Funding Agencies, Federal/ State Governments, Government/ Private Agencies etc. Tenders are covered from all over the globe and our Tenders database is updated on daily basis. We cover more than 50 sectors and our major focus is on Middle East, Africa, Asia & European Countries.