Administration to Business
Glossary Page
Administration to Business (A2B), also known as public institution tendering, is the process in which public institutions, such as government agencies, local governments, or public enterprises, request goods, services, or construction projects from private sector companies. In A2B, the public institution creates a tender that describes the specific requirements, performance characteristics, conditions, and criteria for the desired product or service. The tender is then publicly announced to attract as many potential bidders as possible. Private sector companies then have the opportunity to respond to the tender by submitting a proposal or application that outlines their capabilities, experience, and price proposals. The public institution reviews the received offers and selects the best provider that best meets the requirements.
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