Translation of Public Tenders
A substantial part of the world’s economy includes government procurement. Government Procurement involves the acquisition of goods or services for a public agency. To ensure fair play, (i.e. no unfair advantages, corruption, fraud, or bribery), government procurements publish public tenders. A tender is, in essence, a type of auction, where bidders compete to obtain business, (such as projects, service contracts, or supplies), by submitting proposals that offer competitive prices and quality ideas. For example, if a government wants to start…