EU tenders procure goods and services for EU goals through public procurement procedures. Regulations ensure fair competition and best value for EU taxpayers. Over 400 companies have been assisted with EU tendering
EMD stands for Earnest Money Deposit in government tenders. It is a security deposit paid by bidders to tender authorities. EMD is typically 2-5% of tender estimated price
BOQ is a document calculating project costs by multiplying item work by rates. Types include Bill of Materials for materials and Bill of Labour for labor. BOQ is prepared in Excel sheets or specialized software
RFI is a document used to gather supplier responses about projects or services. RFIs are informational only and don't require vendor compliance. Usually follows RFP or RFQ as first step in procurement management
ECEPP is an online portal for EBRD's client procurement of goods, works and consultancy services. Portal provides free access to electronic procurement documents and real-time alerts. System ensures secure online submissions with electronic tender opening
Tendering is a formal process for finding suppliers for large-scale projects. Procurement committee initiates tender through public announcement. Process ensures fair competition without bribery or favoritism