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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 ...
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Act on Public Contracts by Contracting Authorities in the Water, Energy, Transport and Postal Services Sectors (Act no. 1398 of 2016, also known as the 'Act on public contracts in special sectors') Act on Public Contracts in the Fields of Defence and Security. [119] [120] A Government Decree on Public Contracts was also in force until 2017. [120]
Forest Research Institute Malaysia Act 2016: 782 In force Franchise Act 1998: 590 In force Free Trade Zone Act 1971: 24 Repealed by Act 438 Free Zones Act 1990: 438 In force Futures Industry Act 1993: 499 Repealed by Act 671 Gaming Tax Act 1972: 65 In force Gas Supply Act 1993: 501 In force Geneva Conventions Act 1962: 512 In force
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 traditional construction contracts (known as design–bid–build contracts) the principal contractor is only engaged when a detailed design is complete. An invitation to tender is published and a number of contractors will price the construction of the design, from which a single winner will be chosen to complete the works. Contractors are ...
In mergers and acquisitions, a mandatory offer, also called a mandatory bid in some jurisdictions, is an offer made by one company (the "acquiring company" or "bidder") to purchase some or all outstanding shares of another company (the "target"), as required by securities laws and regulations or stock exchange rules governing corporate takeovers.
A Tender board is a committee or institution involved in the Government procurement procedure. It formulates requirements for the intended purchase of goods or services, compiles these formulations in a tender document , and hands these documents out to interested suppliers, usually for a fee.