What the fuck is a tender?
(Verb) [no object] make a formal written offer to carry out work, supply goods, or buy land, shares, or another asset for a stated fixed price: firms of interior decorators have been tendering for the work
formally offer (a stated fixed price) for carrying out work, supplying goods, etc.: what price should we tender for a contract?
(tender something out) seek offers to carry out work at a stated fixed price: I don’t even know why they tendered it out
(Noun) an offer to carry out work, supply goods, or buy land, shares, or another asset at a stated fixed price: we invited tenders for up to three more frigates [mass noun]: being government land, it was sold by tender [as modifier]: a minimum tender price