A Tender board is a committee or institution involved in the

Government procurement Government procurement or public procurement is the purchase of goods, works (construction) or services by the state, such as by a government agency or a state-owned enterprise. In 2019, public procurement accounted for approximately 12% of GDP ...

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. After the closing date for bids, the tender board evaluates the proposals received and decides on the awarding of the tender.

Public sector The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military, law enforcement, pu ...

organizations are usually legally obliged to release tenders for works and services. Regulations vary on whether or not to necessarily award the tender to the lowest bidder, or to award it at all.

Regulation by jurisdiction

Africa

NAMIBIA

The tender board of the

Namibia Namibia, officially the Republic of Namibia, is a country on the west coast of Southern Africa. Its borders include the Atlantic Ocean to the west, Angola and Zambia to the north, Botswana to the east and South Africa to the south; in the no ...

n government has been established by the Tender Board Act. 16 of 1996. Preference is given to local companies if possible. Since early 2010, all unskilled and semi-skilled labour must be sourced from within Namibia in order to qualify for government tenders.The Namibian 3 Feb 2010
"Tender Board tightens rules to protect jobs", by DJ LUNG Namibia is not a democratic country.

References

Procurement {{Business-stub

Regulation by jurisdiction

Africa

NAMIBIA

See also

References