Terms of Service
Please read these terms carefully before using our platform.
Last updated: December 18, 2024
1. Acceptance of Terms
By accessing or using Tender.sale ("the Platform"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, please do not use our services.
These Terms apply to all users of the Platform, including buyers, sellers, and visitors. By creating an account or using our services, you acknowledge that you have read, understood, and agree to be bound by these Terms.
2. Description of Service
Tender.sale is a reverse auction platform that connects buyers and sellers. Our service allows:
- Buyers: To list products they want to purchase and receive competitive bids from sellers
- Sellers: To bid on buyer requests and compete for business opportunities
- All Users: To access marketplace features, payment processing, and customer support
We facilitate transactions but are not a party to the actual sale between buyers and sellers.
3. User Accounts
Account Registration
To use our services, you must create an account by providing accurate and complete information. You are responsible for:
- Maintaining the confidentiality of your account credentials
- All activities that occur under your account
- Notifying us immediately of any unauthorized use
- Keeping your account information current and accurate
Account Types
You may register as:
- Buyer: Can create auctions and purchase products
- Seller: Can bid on auctions and sell products
- Both: Can perform both buying and selling activities
Account Termination
We reserve the right to suspend or terminate accounts that violate these Terms or engage in fraudulent activities.
4. Auction Process
Creating Auctions
Buyers may create auctions by:
- Selecting a product category and providing details
- Set auction duration
- Providing accurate shipping and contact information
- Complying with our auction guidelines
Bidding Process
Sellers may participate by:
- Submitting competitive bids within the auction timeframe
- Providing accurate product information and pricing
- Maintaining inventory availability for winning bids
- Following our seller guidelines and policies
Auction Completion
Buyers select winning bids based on price, seller rating, and other factors. Once selected, both parties must complete the transaction according to our guidelines.
5. Payment and Fees
Payment Processing
We facilitate secure payment processing through third-party providers. Payment terms include:
- Buyers pay after selecting a winning bid
- Sellers receive payment after successful delivery
- We hold funds in escrow during transaction processing
- Refunds processed according to our refund policy
Platform Fees
Our fee structure:
- Buyers: No Fees for creating auctions or making purchases. All inclusive price, delivery, payment processing an platform commission
- Sellers: No Fees, no commission, no logistics costs
Currency and Taxes
All transactions are processed in Singapore Dollars ($) SGD. Buyers and are responsible for applicate taxes and duties.
6. User Responsibilities
Prohibited Activities
Users must not:
- Engage in fraudulent, deceptive, or illegal activities
- Manipulate auction processes or bid unfairly
- Provide false or misleading information
- Violate intellectual property rights
- Spam, harass, or abuse other users
- Circumvent platform security measures
- Sell prohibited or restricted items
Content Standards
All content posted must be:
- Accurate and truthful
- Appropriate and respectful
- Compliant with applicable laws
- Free from copyright infringement
7. Dispute Resolution
Transaction Disputes
In case of disputes between buyers and sellers:
- Parties should first attempt to resolve disputes directly
- Our support team can mediate disputes when necessary
- We may withhold funds pending dispute resolution
- Final decisions are made based on platform policies
Escalation Process
If direct resolution fails:
- Contact our customer support team
- Provide relevant documentation and evidence
- Allow reasonable time for investigation
- Accept our final decision or pursue legal remedies
8. Limitation of Liability
Tender.sale provides a platform for transactions but is not responsible for:
- Product quality, condition, or delivery
- Disputes between buyers and sellers
- Third-party service provider issues
- Indirect, incidental, or consequential damages
- Loss of profits, data, or business opportunities
Our liability is limited to the amount of fees paid to us for the specific transaction in question.
9. Intellectual Property
Platform Ownership
Tender.sale and its content are protected by intellectual property laws. Users may not:
- Copy, modify, or distribute our platform
- Reverse engineer or attempt to extract source code
- Use our trademarks without permission
- Create derivative works based on our platform
User Content
Users retain ownership of their content but grant us a license to:
- Display and distribute content on our platform
- Use content for platform operation and improvement
- Share content with other users as intended
10. Privacy and Data Protection
Your privacy is important to us. Our collection and use of personal information is governed by our Privacy Policy, which is incorporated into these Terms by reference.
Key privacy principles:
- We collect only necessary information for service provision
- Information is protected using industry-standard security measures
- We do not sell personal information to third parties
- Users can access, update, or delete their information
11. Modifications to Terms
We may modify these Terms from time to time. Changes will be:
- Posted on our website with an updated date
- Communicated to users via email or platform notifications
- Effective immediately upon posting unless otherwise specified
Continued use of our services after changes constitutes acceptance of the modified Terms.
12. Termination
User Termination
Users may terminate their accounts at any time by:
- Contacting our support team
- Completing all pending transactions
- Resolving any outstanding disputes
Platform Termination
We may terminate accounts for:
- Violation of these Terms
- Fraudulent or illegal activities
- Non-payment of fees
- Extended account inactivity
13. Governing Law
These Terms are governed by the laws of the Republic of Singapore. Any disputes arising from these Terms or use of our services will be subject to the exclusive jurisdiction of the courts of Singapore.
14. Contact Information
For questions about these Terms, please contact us:
190 CLEMENCEAU AVENUE, #06-08,
SINGAPORE SHOPPING CENTRE,
SINGAPORE 239924