Global Tenders and Bids @ USD 1 Only

Procurement by government/public agencies is known as "Public Procurement". The word ‘Public’ implies that the procurement is being done for the public and through the money received from the public in the form of taxes. Since the procurement officers have to deal with public money, it is imperative for them to maintain Transparency & Efficiency. Accordingly, they need to make sure that the procurement activity is undertaken with sufficient caution, and that the funds are utilized judiciously, efficiently and economically.

Typically, governments across the globe spend 10-20% of their GDP on public procurement. The total GDP of the whole world in 2019 was around 87.265 Trillion USD (as per IMF 2019 Estimates on nominal value). If the average public procurement spend is calculated at 15% of GDP, it translates into a whopping 13.00 Trillion USD worth of business opportunities every year.

Procurement by government/public agencies is known as "Public Procurement". The word ‘Public’ implies that the procurement is being done for the public and through the money received from the public in the form of taxes. Since the procurement officers have to deal with public money, it is imperative for them to maintain Transparency & Efficiency. Accordingly, they need to make sure that the procurement activity is undertaken with sufficient caution, and that the funds are utilized judiciously, efficiently and economically.

Typically, governments across the globe spend 10-20% of their GDP on public procurement. The total GDP of the whole world in 2019 was around 87.265 Trillion USD (as per IMF 2019 Estimates on nominal value). If the average public procurement spend is calculated at 15% of GDP, it translates in to a whopping 13.00 Trillion USD worth of business opportunities every year.

Apart from 15% to 20% of countries GDP, it has a unique characteristic. During the lean season or when the economy is sluggish, the government pumps in more money in the system to lift the sentiment and thus Public Procurement increases

Tenders And Bids has been launched to address the pains of government suppliers globally. Some of the major issues faced by the supplier community are: Huge subscription cost paid in advance; sub-standard customer support; wrong commitment; delay in receiving the information and irrelevancy of the content. Browse the latest global tenders notices published on Tenders And Bids as all these challenges have been addressed by: giving the control in the hands of the customer, delivery at every 4 hours, very negligible upfront commitment (as low as 20 USD) and per opportunity cost at meagre 1 USD.

Tenders And Bids has been developed by using cutting edge technologies like PWA (Progressive Web Application), APACHE SOLR (Enterprise Search Platform) and CDN for faster content delivery.

Tenders And Bids has been promoted by a group of first-generation technocrats, having more than 50 years of cumulative expertise in tendering/Public Procurement domain. The main objective of Tenders And Bids is to provide precise and updated information on Public Tenders from across the globe in an affordable manner to suppliers from all segments of the industry.