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.