RFI, RFP, RFQ & tender documents · Working

Invitation to bid

Also called: IFB

ELI5

A formal solicitation seeking priced bids, often for clearly specified work.

Used in conversation

“Which version of invitation to bid should the board treat as current?”

Pitch context

You will see “Invitation to bid” in operating plans, procurement packs, supplier reviews and supply-chain reports when the discussion reaches rfi, rfp, rfq & tender documents.

Why it matters: In rfi, rfp, rfq & tender documents, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.