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2. Construction bidding - Wikipedia

   en.wikipedia.org/wiki/Construction_bidding

   Depending upon the language in the bid proposal, a subcontracting construction company could make its bid final, and, if accepted, a legally enforceable contract is created. In these circumstances, upon determination by the general contractor that a bid is the lowest offer, it can accept the bid and, upon acceptance, a subcontractor cannot ...

3. Design–bid–build - Wikipedia

   en.wikipedia.org/wiki/Design–bid–build

   Bidding can be "open", in which any qualified bidder may participate, or "select", in which a limited number of pre-selected contractors are invited to bid. The various general contractors bidding on the project obtain copies of the bid (or tender) documents, and then put them out to multiple subcontractors for bids on sub-components of the ...

4. 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 ...

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6. Government procurement in the United States - Wikipedia

   en.wikipedia.org/wiki/Government_procurement_in...

   The Government Accountability Office (GAO) has observed that "responsiveness is determined at the time of bid opening from the face of the bid documents", [42] and that "unless something on the face of the bid, or specifically a part of it, limits, reduces or modifies the bidder's obligation to perform in accordance with the terms of the ...

7. 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 ...