Addendum
A change to tender documents issued after the tender opens, such as a new deadline, answers to questions or revised requirements. Bidders are often asked to confirm they have read every addendum.
Also called: Amendment, Modification
Related terms
- Clarification question
- A question a bidder sends the buyer while a tender is open. Answers are usually shared with every bidder, without saying who asked.
- Closing date
- The date and time by which bids must arrive. Late bids are almost always rejected, even by a minute, so most firms submit a day early.