asked by

Define Tender and state any three requirements of valid contract.

Your answer

Thanks for your contribution. Feel free to answer this question. Please avoid short answer. Your answer is most welcome. Be genuine.

Upload image or document:

Your name to display (optional):
Privacy: Your email address will only be used for sending these notifications.
Anti-spam verification:
Are you a robot ? (Y = Yes / N = No)
To avoid this verification in future, please log in or register.

1 Answer

0 votes
answered by

Meaning Tender:- Tender is offer or invitation of the work between any two parties. This offer may be written or non written. This offer is given by party no.1 (owner) to party no.2 (contractor- who has to complete the project work).

Following requirements of valid contract: 1. Contract should be written. 2. Contract should be signed by proper witness 3. Contractor licenses should be valid. 4. Contract should be signed by competent authority. 5. Contract should be signed by proper authorized persons. 6. It should be legally challenged in the court.

Welcome to Q&A site for electrical and electronics engineering discussion for diploma, B.E./B.Tech, M.E./M.Tech, & PhD study.
If you have a new question please ask in English.
If you want to help this community answer these questions.