Gabital - Fantasy Capitalism 101: #82 Tender
Gabital - Fantasy Capitalism 101: #82 Tender
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Cute Russian comic. The home of the official English version is here if anyone wants to skip ahead (or support them): https://boosty.to/gabiconomics-en
*A tender is a method of purchasing goods or services based on open competition. In this process, organizations invite suppliers to submit bids, and the contract is awarded according to predefined criteria such as price, quality, and reliability. Tenders are commonly used in public procurement to ensure transparency and fair competition - at least in theory.
This system is designed to promote equal access and efficient use of public funds. However, because tenders often involve access to government budget money, they can be vulnerable to manipulation, underhanded competition, favoritism, or corruption if oversight and accountability mechanisms are weak.