A tender whose price appears unusually low in relation to the goods, services, or works being procured, or compared with other tenders received. An abnormally low tender may require the contracting authority to seek an explanation from the bidder before deciding whether the tender is acceptable. The purpose is to assess whether the price reflects a viable and compliant offer rather than unsustainable pricing, errors, or non-compliance.
Abnormally Low Tender (ALT)
A tender priced unusually low relative to the requirement or other bids, which the authority may investigate before deciding whether to accept it.
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This session covers how to run proposal review gates that consistently strengthen drafts through structured feedback and resolution tracking.
This session covers how to run proposal review gates that consistently strengthen drafts through structured feedback and resolution tracking.
Stage Gates, now live in VisibleThread's proposal management software, put a checkpoint at every stage boundary on your Tracked Opportunities and Proposals boards. Before a card can move forward, the person moving it has to answer the questions your team defined for that transition. The answers save against the card, permanently.
Related Glossary Terms
The official compilation of permanent U.S. federal laws, providing the statutory basis for many contracting requirements.
A global classification system used to categorize products and services for procurement and spend analysis.
A unique 12-character identifier assigned via SAM.gov to organizations doing business with the federal government, replacing the DUNS number.
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t your RFP process.
t your RFP process.