This tender notice or call for tenders issued by the Government of Canada carries an Open Government Licence – Canada, which regulates its use. Related tender documents and/or tender annexes are protected by copyright. For more information, see the commercial reproduction section of the general terms and conditions of Buyandsell.gc.ca. A tender (RFT) is a formal and structured call for tenders to suppliers to submit competitive tenders for the supply of raw materials, products or services. As this is a public and open process, laws have been created to regulate the process to ensure fair competition among bidders. Tendering services are available to potential bidders and include a wide range of tenders from private and public sources. These services include preparing appropriate quotes, coordinating the process to ensure deadlines are met, and complying with applicable laws. A call for tenders is a call for tenders for a project or to accept a formal offer, e.B a public tender offer. Tenders generally refer to the process by which governments and financial institutions bid for bids for major projects that must be submitted within a limited time frame. The term also refers to the process by which shareholders submit their shares or securities in response to a tender offer.
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