English Contract Law - The most competitive bid shall be accepted, and tenders that are in compliance with the bid criteria shall be given consideration as Offer
Tenders to accept the most competitive bid are treated as unilateral offers, which the party that makes the most compelling offer accepts in order to create a binding agreement. A unilateral offer that is accepted in order to create a legally binding contract is also included in a tender that states that it will take into account bids that comply with the tender requirements.
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