Difference Wiki

Quotation vs. Tender

The main difference between Quotation and Tender is that Quotation is a static rate suggestion, which is giving to the client, and it is not variable, whereas Tender is a proper way for the supplier to submit proposals to supply raw material, products, or services.

Key Differences

Quotation determines the price; on the other hand, tender determines the amount and quality both.
The quotation is an immovable price suggestion, whereas tender is the response of invitation.
The quotation is accepting by the customer; on the other hand, tender is from the potential supplier.
The quotation is a fixed price offer. Conversely, tender is using for finding out the best value of money.
A quotation is a reaction to a demand for quotation (RFQ). On the flip side, tender is using in response to demand for tender (RFT).
Harlon Moss
Apr 07, 2020
The scope of the quotation is narrow, whereas the extent of tender is broader.
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Comparison Chart

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A quotation is a fixed rate suggestion to give the client
Tender is a formal way for dealers to submit proposals

Range

Narrow
Large

Working On

Price
Price and Quality

Used For

Offering fixed price
Finding out the best price

Quotation and Tender Definitions

Quotation

The act of quoting.

Tender

Easily crushed or bruised; fragile
A tender petal.
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Quotation

A passage quoted.

Tender

Easily chewed or cut
Tender beef.

Quotation

An explicit reference or allusion in an artistic work to a passage or element from another, usually well-known work
"Direct quotations from other paintings are fairly sparse" (Robert Hughes).

Tender

Young and vulnerable
Of tender age.

Quotation

The quoting of current prices and bids for securities and goods.

Tender

Frail; delicate.
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Quotation

The prices or bids cited.

Tender

Sensitive to frost or severe cold; not hardy
Tender green shoots.

Quotation

A fragment of a human expression that is repeated by somebody else, for example from literature or a famous speech.

Tender

Easily hurt; sensitive
Tender skin.

Quotation

A price that has been quoted for buying or selling.
Let's get a quotation for repairing the roof before we decide whether it's worth doing.

Tender

Painful; sore
A tender tooth.

Quotation

The act of setting a price.

Tender

Considerate and protective; solicitous
A tender mother.
His tender concern.

Quotation

(obsolete) A quota, a share.

Tender

Characterized by or expressing gentle emotions; loving
A tender glance.
A tender ballad.

Quotation

The act of quoting or citing.

Tender

Given to sympathy or sentimentality; soft
A tender heart.

Quotation

That which is quoted or cited; a part of a book or writing named, repeated, or adduced as evidence or illustration.

Tender

(Nautical) Likely to heel easily under sail; crank.

Quotation

The naming or publishing of the current price of stocks, bonds, or any commodity; also, the price named.

Tender

To make tender.

Quotation

Quota; share.

Tender

To offer formally
Tender a letter of resignation.

Quotation

A piece of hollow type metal, lower than type, and measuring two or more pica ems in length and breadth, used in the blank spaces at the beginning and end of chapters, etc.

Tender

(Law) To offer (payment or performance) pursuant to an obligation.

Quotation

A short note recognizing a source of information or of a quoted passage;
The student's essay failed to list several important citations
The acknowledgments are usually printed at the front of a book
The article includes mention of similar clinical cases

Tender

A strip of meat, usually chicken, often breaded, deep-fried, and served with a sauce.

Quotation

A passage or expression that is quoted or cited

Tender

(Law) An offer to pay the amount due under a debt or obligation.

Quotation

A statement of the current market price of a security or commodity

Tender

A written offer to contract goods or services at a specified cost or rate; a bid.

Quotation

The practice of quoting from books or plays etc.;
Since he lacks originality he must rely on quotation

Tender

Something, especially money, offered in payment.

Tender

One who tends something
A lathe tender.

Tender

(Nautical) A vessel attendant on other vessels, especially one that ferries supplies between ship and shore.

Tender

A railroad car attached to the rear of a locomotive and designed to carry fuel and water.

Tender

Sensitive or painful to the touch.

Tender

Easily bruised or injured; not firm or hard; delicate.
Tender plants; tender flesh; tender fruit

Tender

Physically weak; not able to endure hardship.

Tender

(of food) Soft and easily chewed.

Tender

Sensible to impression and pain; easily pained.

Tender

Fond, loving, gentle, or sweet.
Suzanne was such a tender mother to her children.

Tender

Young and inexperienced.

Tender

Adapted to excite feeling or sympathy; expressive of the softer passions; pathetic.
Tender expressions; tender expostulations; a tender strain

Tender

Apt to give pain; causing grief or pain; delicate.
A tender subject

Tender

(nautical) Heeling over too easily when under sail; said of a vessel.

Tender

(obsolete) Exciting kind concern; dear; precious.

Tender

(obsolete) Careful to keep inviolate, or not to injure; used with of.

Tender

(obsolete) Care, kind concern, regard.

Tender

The inner flight muscle (pectoralis minor) of poultry.

Tender

(obsolete) Someone who tends or waits on someone.

Tender

(rail transport) A railroad car towed behind a steam engine to carry fuel and water.

Tender

(nautical) A naval ship that functions as a mobile base for other ships.
Submarine tender
Destroyer tender

Tender

(nautical) A smaller boat used for transportation between a large ship and the shore.

Tender

Anything which is offered, proffered, put forth or bid with the expectation of a response, answer, or reply.
You offer me the sword of my father, the very man whose bones, because of your perfidy, lie under the sod of Crecy. Aye, I'll surely take it, and just as surely you shall die with your tender through your heart!

Tender

A means of payment such as a check or cheque, cash or credit card.
Your credit card has been declined so you need to provide some other tender such as cash.
Legal tender

Tender

(legal) A formal offer to buy or sell something.
We will submit our tender to you within the week.

Tender

Any offer or proposal made for acceptance.

Tender

Tenderly
Love me tender, love me sweet
Never let me go

Tender

To make tender or delicate; to weaken.

Tender

(archaic) To feel tenderly towards; to regard fondly or with consideration.

Tender

To work on a tender.

Tender

(formal) To offer, to give.
To tender one’s resignation

Tender

To offer a payment, as at sales or auctions.

Tender

One who tends; one who takes care of any person or thing; a nurse.

Tender

A vessel employed to attend other vessels, to supply them with provisions and other stores, to convey intelligence, or the like.

Tender

A car attached to a locomotive, for carrying a supply of fuel and water.

Tender

An offer, either of money to pay a debt, or of service to be performed, in order to save a penalty or forfeiture, which would be incurred by nonpayment or nonperformance; as, the tender of rent due, or of the amount of a note, with interest.

Tender

Any offer or proposal made for acceptance; as, a tender of a loan, of service, or of friendship; a tender of a bid for a contract.
A free, unlimited tender of the gospel.

Tender

The thing offered; especially, money offered in payment of an obligation.

Tender

Regard; care; kind concern.

Tender

To offer in payment or satisfaction of a demand, in order to save a penalty or forfeiture; as, to tender the amount of rent or debt.

Tender

To offer in words; to present for acceptance.
You see how all conditions, how all minds, . . . tender downTheir services to Lord Timon.

Tender

To have a care of; to be tender toward; hence, to regard; to esteem; to value.
For first, next after life, he tendered her good.
Tender yourself more dearly.
To see a prince in want would move a miser's charity. Our western princes tendered his case, which they counted might be their own.

Tender

Easily impressed, broken, bruised, or injured; not firm or hard; delicate; as, tender plants; tender flesh; tender fruit.

Tender

Sensible to impression and pain; easily pained.
Our bodies are not naturally more tender than our faces.

Tender

Physically weak; not hardly or able to endure hardship; immature; effeminate.
The tender and delicate woman among you.

Tender

Susceptible of the softer passions, as love, compassion, kindness; compassionate; pitiful; anxious for another's good; easily excited to pity, forgiveness, or favor; sympathetic.
The Lord is very pitiful, and of tender mercy.
I am choleric by my nature, and tender by my temper.

Tender

Exciting kind concern; dear; precious.
I love Valentine,Whose life's as tender to me as my soul!

Tender

Careful to save inviolate, or not to injure; - with of.
The civil authority should be tender of the honor of God and religion.

Tender

Unwilling to cause pain; gentle; mild.
You, that are thus so tender o'er his follies,Will never do him good.

Tender

Adapted to excite feeling or sympathy; expressive of the softer passions; pathetic; as, tender expressions; tender expostulations; a tender strain.

Tender

Apt to give pain; causing grief or pain; delicate; as, a tender subject.

Tender

Heeling over too easily when under sail; - said of a vessel.

Tender

Something used as an official medium of payment

Tender

Someone who waits on or tends to or attends to the needs of another

Tender

A formal proposal to buy at a specified price

Tender

Car attached to a locomotive to carry fuel and water

Tender

A boat for communication between ship and shore

Tender

Ship that usually provides supplies to other ships

Tender

Offer or present for acceptance

Tender

Propose a payment;
The Swiss dealer offered $2 million for the painting

Tender

Make a tender of; in legal settlements

Tender

Make tender or more tender as by marinating, pounding, or applying a tenderizer;
Tenderize meat

Tender

Given to sympathy or gentleness or sentimentality;
A tender heart
A tender smile
Tender loving care
Tender memories
A tender mother

Tender

Hurting;
The tender spot on his jaw

Tender

Susceptible to physical or emotional injury;
At a tender age

Tender

Having or displaying warmth or affection;
Affectionate children
Caring parents
A fond embrace
Fond of his nephew
A tender glance
A warm embrace

Tender

Easy to cut or chew;
Tender beef

Tender

Physically untoughened;
Tender feet

Tender

(used of boats) inclined to heel over easily under sail

Tender

(of plants) not hardy; easily killed by adverse growing condition;
Tender green shoots

Quotation vs. Tender

The quotation indicates a permanent price offer that is giving to the consumer as a response to the tender notification, whereas the tender is a certified method to the contractors to submit a bit to provide products, services, and raw material. The quotation has a legal binding, while the tender is presenting by the potential supplier. The quotation is accepting by the customer, whereas the tender is a response to an invitation. The quotation cannot modify and change, while the tender has variations.

The quotation is working for prices, whereas tender is working for costs and quality as well. The scope of a quotation is narrow, while the range of a tender is cooperatively considerable. The main intention of the quotation is to offer a fixed amount, whereas the primary purpose of the tender is to find out the best prices from different resources. A quotation is a reply to request for quotation (RFQ), whereas a tender is using in answering to ask for tender (RFT).

The quotation is not a comparatively formal way to ask the customers, whereas tender is the legal process of proposing to the suppliers. A quotation is receiving by a company, while the tender is inviting by the government department to complete public projects and work.

If someone appeals for a quotation from any side like providing protection facilities and also call a plumber for an evaluation before he starts work to mend plumbing accessories, Whereas tender is a term that we get in joining with submissions appealing by government departments for the accomplishment of public workings and developments.

What is a Quotation?

The quotation is a paper that an association accedes to one or more probable suppliers producing a product or service. It is a permanent rate recommendation to give the consumers. The quotation may also understand as a manuscript of assurance that is providing by the potential dealer to supply specific goods or services that is demanding by the customer at the specified price less than particular situations. It covers terms of trade, recompense, and security, which includes the price apparent to control for the creation or capability, date, period and place of circulation, validity period of quotation.

An appeal for quotation converts a standard occupational workout whereby dealers are appealing to the proposal for products and amenities. We request for a quotation from assurance representatives, plumbers, electricians, and even roofing specialists already defining in support of a specific supplier or provider.

Quotation supports the purchaser in knowing the cost of belongings or amenities before creating a procurement. The quotation usually is creating a base that is requiring by clients’ conditions. By sending the quotation to the client, the supplier is promising to the proposed price of the quotation, and it should take into attention all the costs relating to the work and computing with a profit margin for the business to make a profit. Quotations may also consider the period for when it is valid because after the period expires, a new quotation requires and as well as an illumination of variations in price due to the alterations or amendments to the original statement.

What is Tender?

Tender is the process of making an offer or proposal to show concentration in reaction to an invitation or demand. The tender manuscript is sending to credible contractors, to demand information, to pick the merchant at the opening of price, distribution terms, and suitability. An invitation of the tender is moving by the government responsibility, financial organization, or a big corporation for different plans. It is consuming to catch out the greatest worth of money from potential dealers.

Tender is actually a significant method of procurement of belongings and amenities for a corporation, permanently a public region establishment. The tender is an article that places down the dealings and conditions of the application. Tendering is the concern presenting by collectors as they make proposals or suggestions in response to requests set out by companies in the form of announcements in newspapers.

The term tender typically indicates the method where governments and economic organizations call for efforts for large signs of progress that is submitting contained by limited closing time. A tender is proposing an open solicit to all stockholders stimulating that they tender their store for deals at a specific price throughout a particular time. The term tender also raises to the procedure whereby bondholders submit their stocks or protections in response to a takeover offer. Corporations do not necessarily go in for the minimum quantity of a proposal as they have to confirm that the work is completing within a time limit and to the contentment of the corporation. Types of the tender are open tender, selective tender, negotiated tender, and single-stage and two-stage tender.

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