Invitation to tender (ITT)

The UK and Irish name for the formal tender documents a buyer sends to suppliers, usually after a selection stage. It asks for a full priced bid.

Also called: ITT

Related terms

Tender
A public buyer’s formal invitation for suppliers to offer to do a piece of work, and the offer a supplier sends back. Tenders set out what is needed, how bids will be scored and the deadline.
Restricted procedure
A two-stage tender where suppliers first prove they qualify, then only a shortlist is invited to bid. Used for larger or complex contracts.