Contracts and Tenders
Contracts and Tenders
When two or more persons have common intention communicated to each other to create same obligation between them there is said to be an agreement. An agreement which is enforceable by law is a Contract.
A Tenders is called upon for executing certain specified work, or supplying specified materials; subjected to certain terms and conditions like rates, time limit, etc. It is an offer in written form: Legally speaking, it is an offer to receive an offer for the work, within the specified financial limits.
Here is a Presentation which contains everything related to Contracts and Tenders-
1. What is a contract
2. types of contracts
3. What is tender
4. Types of tenders
Information on Contract and Tenders are found on this website as well. I found this very useful. This site has a huge database of published tenders in all the Newspapers of Nepal.