tenderer Definition
a person or company that submits a tender, especially in response to an invitation to tender.
Using tenderer: Examples
Take a moment to familiarize yourself with how "tenderer" can be used in various situations through the following examples!
Example
The tenderer with the lowest bid will be awarded the contract.
Example
Several tenderers submitted proposals for the construction project.
Example
The tenderer withdrew their bid due to financial constraints.
tenderer Synonyms and Antonyms
Summary: tenderer in Brief
'Tenderer' [ˈtɛndərər] refers to a person or company that submits a tender, typically in response to an invitation to tender. It is often used in the context of bidding for contracts or projects, as in 'Several tenderers submitted proposals for the construction project.' The tenderer with the lowest bid is usually awarded the contract.
