Thursday, September 10, 2015

What are Indigenous Offer & Foreign Currency Offer for Global Tenders?

In global tenders when you will go to submit the financial bids for a tender then you will find two options (Indigenous bid & Foreign Currency bid) for submiting the bid corresponding to each and every item.


  • Indigenous Offer: If you want to quote the rate in INR for an item then yo have to submit the Indigenous bid for that item. Rate page fo indigenous offer. To submit an Indigenous Offer for an item click on the link ‘Indigenous Offer’ available against that item, rate page of indigenous offer opens which is shown below.
  • Foreign Currency Offer: If you want to quote the rate in foreign currency (other than INR) for an item then yo have to submit the Foreign Currency bid for that item. To submit a ‘Foreign Currency Offer’ for an item click on the link ‘Foreign Currency Offer’ available against that item, rate page of foreign currency offer opens which is shown below. 
If required you can revise the sbmitted bids but "Revised offer will be submitted in same currency in which original offer was submitted", you can also submit the alternate offers. for more details see the posts given below:

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