Meaning Tender bond
What does Tender bond mean? Here you find 3 meanings of the word Tender bond. You can also add a definition of Tender bond yourself
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Tender bondA buyer may sometimes require a tender bond when a supplier is tendering for large projects. The tenderers are required to submit a tender or bid bond as surety that, should their bid be accepted, th [..]
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Tender bondAnother name for a bid bond.
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Tender bondA bond of a fixed amount, usually one per cent. to three per cent. of the tender contract price, deposited by bidders with the tendering authority at the time of submission of their tenders as a form [..]
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