- Tender
Tender
What is a Tender?
A tender is a formal invitation to bid for the supply of goods or services, often used by government departments and large organisations.
Think of it like this…
It’s an open competition for a contract.
Why does it matter?
- Winning tenders can be a major growth opportunity
- Requires strict compliance with submission rules and deadlines
- Often includes B-BBEE, tax compliance, and capability criteria
Best practice
Read the tender documents carefully and keep compliance certificates current before submitting.