Advertising

Public procurement contracts must generally be awarded by way of open, transparent competition, save in certain exceptional circumstances. In principle, transparency is achieved through the publicizing of contracts to be awarded and the name of the successful tenderer. The term "advertising" is therefore used generally to refer to the act of making certain information public.

Form of Advertising
Advertising in the realm of public procurement is formulaic. The advertisements are entitled "notices" and the forms of these notices are based on an pre-approved standard models. They are published either in official (statutory) or commercial media or both, depending on the value of the contract to be awarded.