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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 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).

5. Proposal (business) - Wikipedia

   en.wikipedia.org/wiki/Proposal_(business)

   Solicited proposals are written in response to published requirements, contained in a request for proposal (RFP), request for quotation (RFQ), invitation for bid (IFB), or a request for information (RFI). [3] Request for proposal (RFP)

6. 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 ...

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