What is a competitive offer?
Competitive offers are private offers that provide the issuer to the subscriber. The conditions associated with the competitive offer are sealed and are therefore known only to the subscriber and issuer. This process of submitting sealed offers helps ensure that offers received from subscribers are assessed according to their own merit and are not the result of conduct between the issuer and the subscriber.
As soon as the issuer receives a competitive offer, the evaluation process will begin. The issuer will deal with the price of the offered subscriber as well as the process that will be used to promote and process securities. The issuer usually worries about prices, but working conditions can also play a huge role in the selection of the subscriber. At best, the issuer is able to identify a competitive offer that includes the lowest price and the most pleasant of the conditions.
There are several business entities ThPři using a competitive offer regularly. Municipalities are one of the most common examples. PThe maintenance to offer to municipal securities is usually a closed process, and only a few selected subscribers are invited to participate. Participation is often based on favorable negotiations with the subscriber or the reputation of high ethics and efficiency.
It is known that together with municipalities, energy companies and cooperatives and transport companies such as railways, they regularly take advantage of a competitive offer. However, there are also examples of manufacturing companies, providers of telecommunications services and manufacturing companies also use competitive offers.