04-03-2006, 04:29 AM
Tender
something used as an official medium of payment
Quotation
The actual price or the bid or ask price of either cash commodities or futures contracts.
OR
An offer to sell goods at a stated price and under specified conditions.
Proposal
Any offer or other submission used as a basis for pricing a contract, contract modification, or termination settlement or for securing payments there under.
Source www.Google.com.pk
something used as an official medium of payment
Quotation
The actual price or the bid or ask price of either cash commodities or futures contracts.
OR
An offer to sell goods at a stated price and under specified conditions.
Proposal
Any offer or other submission used as a basis for pricing a contract, contract modification, or termination settlement or for securing payments there under.
Source www.Google.com.pk
