Tender notices are released to invite vendors for procuring certain types of goods and services. These ads largely comprise of business proposals, bids and even company takeovers by government bodies. The notices are a form of public invitation and the newspaper is the best way to reach out to a wide audience. Tender ads are of two types namely Legal Tenders and Tender offers.
Legal Tendersare notices that talk about a certain medium of payment recognized by a renowned legal organisation or a government body to dissolve a public or private debt.
Tender offers are published to announce public takeover bid invitations and address all the stockholders of a particular trade organisation to tender their stock at a given time period, at a specified price.
Vendors are on a constant lookout to extend their services and the newspapers act as the perfect platform rope in both the parties.
There are certain points to note while releasing tender notice ads in the newspaper. These include –
How to Book Tender Ads with Lookad India?
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