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2. Construction bidding - Wikipedia

   en.wikipedia.org/wiki/Construction_bidding

   The tender is treated as an offer to do the work for a certain amount of money (firm price), or a certain amount of profit (cost reimbursement or cost plus). The tender, which is submitted by the competing firms, is generally based on a bill of quantities , a bill of approximate quantities or other specifications which enable the tenders to ...

3. 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 ...

4. Procurement - Wikipedia

   en.wikipedia.org/wiki/Procurement

   Procurement is the process of locating and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. [1]

5. Tender notification - Wikipedia

   en.wikipedia.org/wiki/Tender_Notification

   A tender notification is the publication and circulation of procurement opportunities by the procuring entity in various media like: Newspapers, purchasers's own website and government tender bulletin etc. The main objective of wider publicity is to make these opportunities available to a wider supplier community, increase the competition and ...

6. Request for proposal - Wikipedia

   en.wikipedia.org/wiki/Request_for_proposal

   A request for information (RFI) is a proposal requested from a potential seller or a service provider to determine what products and services are potentially available in the marketplace to meet a buyer's needs and to know the capability of a seller in terms of offerings and strengths of the seller. RFIs are commonly used on major procurements ...

7. Bidding - Wikipedia

   en.wikipedia.org/wiki/Bidding

   Joint bidding, [6] appearing in procurement tendering and auctions, is the practice of two or more similar firms submitting a single bid. Bidding consortia among potential competitors are the most common in public and private procurement and were used by some oil companies in U.S. auctions for offshore leases .