A call for bids, call for tenders, or invitation to tender (ITT) (often called tender for short) is a special procedure for generating competing offers from different bidders looking to obtain an award of business activity in works, supply, or service contracts. They are usually preceded by a pre-qualification questionnaire (PQQ).
Read more about Call For Bids: Types of Calls For Bids, Origin of The Term, Double Envelope System, Tender Box, Security Deposit, Locating Tenders, Typical Template Contents (in Project Management)
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