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A Comprehensive Guide to Tender Notices and Online Tenders in India

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Tender notices are issued by government organizations, public sector companies, and other institutions to invite bids from eligible vendors and suppliers for goods, services, or works. With the advent of technology, the process of tendering has become more streamlined, efficient, and transparent through online tendering. In this blog, we will provide a comprehensive guide to tender notices, online tenders, and the GeM portal, with a specific focus on the UP and Odisha tenders. What is a Tender Notice? A tender notice is a formal document that outlines the requirements, specifications, terms and conditions, and evaluation criteria for a procurement process. It is issued by the buyer or the contracting authority to invite bids from eligible vendors and suppliers. Tender notices can be published in newspapers, on the organization's website, or on e-procurement portals. What are Online Tenders? Online tenders are a modern, digital approach to the tendering process. They offer