Pakkumuste
Pakkumuste (genitive plural of pakkumus) is the Estonian term used to refer to offers or bids submitted in response to a tender invitation. In procurement and public tenders, pakkumused are prepared by bidders and submitted by the deadline to the contracting authority. They are evaluated against predefined criteria, such as price, delivery terms, technical compliance, quality, and references, with the aim of selecting the most economically advantageous bid.
A typical pakkumus includes the price and total cost of ownership, delivery or completion schedule, technical
The procurement process generally begins with a call for tenders or an equivalent procurement procedure issued
In practice, pakkumuste handling is governed by Estonian public procurement law and related guidelines. The term