Quote from f1.com; Formula One racings governing body, the FIA, has set a November 7th deadline for applications to supply the standardised engine and transmission system it plans to introduce for the 2010, 2011 and 2012 world championships. The FIA is accepting tender bids to supply engine only, engine and transmission, or transmission only. Bids for the first two options must be made by November 7, while those parties considering transmission only will be given at least a further three weeks to apply. Should the FIA decide its preliminary preference is to opt for an engine-only bid, it will reveal its preliminary choice of supplier on November 28. It will then work with the supplier to make available the technical details needed by those parties interested in making a transmission-only bid. The move to a standardised engine and transmission is one of several ideas being proposed by the FIA as a means of further reducing costs and increasing competitiveness in the sport, which already has a freeze on engine development. Under the proposals, teams would be free to build their own engines (in full or in part) to the specifications laid out by the appointed engine provider. The provider would work with the FIA to ensure that all engines meet their design and prescribed power output, hence guaranteeing performance equality across teams. Further details regarding the tender requirements can be found on the FIAs website.