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A multi-national technology company successfully tendered for government work, w...
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A multi-national technology company successfully tendered for government work, winning a contract for imported content in excess of $10 million. This contract has put the company in a position of having to fulfil obligations by either investing in South Africa or stimulating South African exports, in terms of the National Industrial Participation Programme (NIPP) regulations.What does the word “tendered” mean in the scenario?
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