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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. Construction bidding - Wikipedia

   en.wikipedia.org/wiki/Construction_bidding

   Bid solicitation is the process of making published construction data readily available to interested parties, including construction managers, contractors, and the public. There are several services, including government entities and private plan rooms, that allow project owners to release project details to solicit and obtain contractor bids.

4. Request for proposal - Wikipedia

   en.wikipedia.org/wiki/Request_for_proposal

   A request for proposal (RFP) is a form of reverse auction that solicits a business proposal by an organisation interested in the procurement of a service or product from potential suppliers. [1] It is usually part of a complex sales process, and made through a bidding process.

5. Exclusive-Despite revamped proposals, Nippon Steel deal on ...

   www.aol.com/news/exclusive-despite-revamped...

   Despite a steady stream of meetings and calls with U.S. officials, and three revamped proposals to assuage national security concerns, Nippon Steel has failed to garner approval from a powerful ...

6. 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 ...

7. 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).