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Government e Marketplace (GeM) is an online platform for public procurement in India. [1] The initiative was launched on 9 August 2016, by the Ministry of Commerce and Industry, Government of India with the objective to create an open and transparent procurement platform for government buyers. [2]
A tender notification is the publication and circulation of procurement opportunities by the procuring entity in various media like: Newspapers, purchasers's own website and government tender bulletin etc. The main objective of wider publicity is to make these opportunities available to a wider supplier community, increase the competition and ...
Wikimedia Foundation director Katherine Maher has called on commercial organizations to develop Wikipedia and the shared commons to match their use of it. [16] [17] [18]On March 16, 2021, the Wikimedia Foundation announced the launch of Wikimedia Enterprise, a commercial product designed to sell and deliver Wikipedia's content directly to Big Tech companies. [19]
A promotional single (digital single in South Korea) is a single that is made available to radio stations, nightclubs, music publications, and other media outlets by a record label to promote a commercial single or album. A song may be released as a promotional single even if no commercial version of the single is available to buy.
The tender is treated as an offer to do the work for a certain amount of money (firm price), or a certain amount of profit (cost reimbursement or cost plus). The tender, which is submitted by the competing firms, is generally based on a bill of quantities , a bill of approximate quantities or other specifications which enable the tenders to ...
Government purchasing of drugs for medical use is centralised and uses a strategy known as "Volume-based Procurement" (VBP). [82] On 26 December 2023, China prohibited the use of computer CPUs made by US companies Intel and AMD within government PCs and servers. [83]
A tender announcement from the Indonesian Ministry of Finance. An invitation to tender (ITT, also known as a call for bids [1] or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been ...
In corporate finance, a tender offer is a type of public takeover bid. The tender offer is a public, open offer or invitation (usually announced in a newspaper advertisement) by a prospective acquirer to all stockholders of a publicly traded corporation (the target corporation) to tender their stock for sale at a specified price during a specified time, subject to the tendering of a minimum ...