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Q: Difference between Request for Tender and Request for Bid?
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What does rfx mean as used in a business proposal?

Request for bid,


What is the difference between bid size and ask size in the stock market?

The bid size is how many shares a buyer wants to buy. The ask size is how many shares a seller wants to sell.


Explain why the bid-ask spread is a transaction cost?

The bid-ask spread is the difference between the bid price (the amount of money you get when you sell) and the ask price (the amount of money it costs to buy). Since the ask price is higher than the bid price, it costs you more money to buy the asset than you would receive should you be selling the same asset. This spread is the price (along with a commission) for making the trade.


What is the difference between the purchase price and the selling price when an investor buys a stock and sells it later at a higher price is this a yield finance related?

buying price is bid, selling price is ask, difference is spread, profit is income or capital gain


What are the different types of tenders?

A tender is an invitation to bid for a project or obtain a formal offer such as an acquisition bid (Takeover bid). The process of Tendering usually refers to the process whereby various governments and financial institutions invite bids for large projects which must be submitted within a deadline date. Based on the goods & services to be procured through tenders, they are categorized by the following types: Work Contract Tenders Goods Tenders Service Tenders Project Tenders Visit the site tendersontime for more information on the vast variety of tenders

Related questions

What is the difference between bid and tender?

A bid is making a financial offer for something or the amount of money that you will pay for something. A tender is offering a service at a specific price.


What is the difference between a tender and bid?

A bid is usually restricted to making a financial offer eg: at an auction you might make a bid of a certain price for a painting. A tender means that you will offer a service/item at a certain price. So it's a lot more complex than just dealing with a price.


What is the difference between an open and closed tender?

The difference between an open and closed tender is located on the range of the bidders. Open tenders allow any supplier to bid for your business and also can be useful in establishing the average cost of systems and standard inclusions/ exclusions which closed tender invites select suppliers who have been identified meet or close to your requirements.


What is difference between bid security and Bid Bond?

There is no difference. Bid securities can come in different types. A bid bond is just one type of bid security.


What is the difference between tender document and tender notice?

A tender notice is a public announcement inviting bids from potential suppliers, while a tender document contains detailed information about the project, requirements, terms, and conditions for the bidding process. The tender notice alerts potential bidders to the opportunity, while the tender document provides the specific guidelines for submitting a bid.


What is the difference between tender and bid documents?

they all mean the same thing.they are documents indicating specification of a customer.even in the English language we have two or more words implying the same thing.


What term is there for a difference between Bid and Ask pricing measured in pips?

The term for the difference between Bid and Ask pricing measured in pips is called the "spread." It represents the transaction cost for trading a financial instrument.


Explain the difference between bid and q12h?

hi there its the same, i.e. bid=q12h tid=q8h qid=q6h


Synonym for bid?

Charge, offer, tender, proffer, proposal and require


What is tender evaluation report?

A tender evaluation report is a document that summarizes the assessment process of bids or proposals received from suppliers or contractors in response to a tender or Request for Proposal (RFP). The report typically includes details on the evaluation criteria, scores given to each bid, and the rationale behind the selection of the winning bidder. It provides transparency and accountability in the procurement process.


Difference between the bid price and offer price?

The ''bid price'' is the price at which an investor can sell the securities he/she holds. The ''offer price is the price at which an investor can buy securities.


What does rfx mean as used in a business proposal?

Request for bid,