-4

Is there a legal limit, above which all B2B transactions must be carried out by tender? (And below which there is no need for a tender, and a company can use the services of any company of their choice?)

If so, what is the amount?

I am interested in mostly EU countries.

Jennik
  • 175
  • 1
  • 5
  • I don't understand what you are asking here. Could you please elaborate further? – Questor Apr 11 '23 at 20:59
  • Is there a financial limit from which there has to be a strict selection procedure given by the law about which company to buy 200 cars from, and below such a financial limit there wouldn't have to be such a strict selection procedure, e.g. when buying one window? – Jennik Apr 11 '23 at 21:07
  • What jurisdiction is this under? And in this B2B transaction... Is one of the businesses a government entity? – Questor Apr 11 '23 at 21:09
  • If it is a government entity... Than yes, most likely there is a law... If it is not than it depends on where these businesses are... More protectionist countries do have laws that might come in effect. – Questor Apr 11 '23 at 21:11
  • I have tried to put this question in understandable English (and prevent it being closed). If you feel I have misrepresented your meaning, please roll back my changes and [edit] it yourself. – Martin Bonner supports Monica Apr 12 '23 at 12:35

1 Answers1

1

Purchase by tender is optional

Businesses can and do by from each other on many basis - they may pay a list price, they may place an order without knowing the price, they may ask for quotations (from one or many suppliers), they may negotiate a price, they may hold an auction, they may hold a formal tender process.

There is no law that says which they may use in what circumstances. If they want to have a formal tender for the supply on 1 paperclip, they can. If they want to order 78 A380 Airbuses without agreeing an upfront price, they can.

Dale M
  • 208,266
  • 17
  • 237
  • 460