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  2. Invitation to tender - Wikipedia

    en.wikipedia.org/wiki/Invitation_to_tender

    A tender announcement from the Indonesian Ministry of Finance. An invitation to tender (ITT, also known as a call for bids [1] or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been ...

  3. Request for quotation - Wikipedia

    en.wikipedia.org/wiki/Request_for_quotation

    The bid does not have to mean the end of the bidding; multiple rounds can follow. [ citation needed ] After the RfQ process, professional procurement organizations have to compare the quotations, and try to get the best price for the job (by negotiations, or by conducting an e-auction (a reverse auction or a ticker auction).

  4. Request for proposal - Wikipedia

    en.wikipedia.org/wiki/Request_for_proposal

    An RFI, however, is not an invitation to bid, is not binding on either the buyer or sellers, and may or may not lead to an RFP or RFQ. A request for quotation (RFQ) is used when discussions with bidders are not required (mainly when the specifications of a product or service are already known) and when price is the main or only factor in ...

  5. Bid and proposal - Wikipedia

    en.wikipedia.org/wiki/Bid_and_proposal

    The development of a bid and proposal takes place early in the procurement process, and the resulting proposal will be subject to review by the purchaser and negotiation between the two parties. Developing a bid and proposal takes place before a contract vehicle is in place, meaning that firms undertake the costly tasks of proposal-writing and ...

  6. Bidder conferences - Wikipedia

    en.wikipedia.org/wiki/Bidder_conferences

    If they are accepted as bidders and/or potential contractors, they will then contact the responsible individuals for their business areas, obtain the RFPs (Requests for Proposal), ITBs (Invitations to Bid), and/or similar procurement documents, and submit their offers in the form of Bids, proposals, and/or other types/format of offer documents.

  7. Chemical weapons use in Syria must be investigated, says watchdog

    www.aol.com/news/us-sees-assads-fall-chance...

    AMSTERDAM (Reuters) -The head of the chemical weapons watchdog said on Thursday he would ask Syria's new leaders to grant investigators access to the country to continue work identifying ...

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