invitation to bid
An "invitation to bid" is a formal request issued by an organization or government entity seeking proposals from contractors or suppliers for a specific project or service. This document outlines the project's requirements, deadlines, and evaluation criteria, allowing interested parties to submit their bids for consideration.
Typically, the invitation to bid is part of a competitive bidding process, ensuring transparency and fairness. It helps the issuing organization select the best offer based on price, quality, and capability. This process is common in industries such as construction, where projects like infrastructure development require multiple bids to ensure the best value.