invitation to tender

invitation to tender
an invitation to tender (ITT) (by submitting priced bids) issued to bidders by an awarding authority.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • invitation to tender — UK US noun [C] (plural invitations to tender) (also invitation to bid) COMMERCE ► an occasion when companies are told they can compete for work by offering their best price: »A formal invitation to tender for this work has now been issued …   Financial and business terms

  • invitation to tender — UK US noun [countable] [singular invitation to tender plural invitations to tender] business a formal invitation to a small number of suppliers to make a detailed proposal for completing a particular piece of work …   Useful english dictionary

  • invitation to tender — UK / US noun [countable] Word forms invitation to tender : singular invitation to tender plural invitations to tender business a formal invitation to a small number of suppliers to make a detailed proposal for completing a particular piece of… …   English dictionary

  • invitation to tender — /ˌɪnvɪteɪʃ(ə)n tə tendə/ noun a formal request, sent to a small number of suppliers, asking them to submit a detailed proposal for completing a particular piece of work …   Marketing dictionary in english

  • invitation — in‧vi‧ta‧tion [ˌɪnvˈteɪʆn] noun [countable] 1. an offer of an opportunity that is made to someone: • She turned down an invitation to serve on the company s board. 2. FINANCE invitation to subscribe an occasion when a company offers shares for… …   Financial and business terms

  • invitation to bid — UK US noun [C] (plural invitations to bid) COMMERCE ► INVITATION TO TENDER(Cf. ↑invitation to tender) …   Financial and business terms

  • tender — tènder m DEFINICIJA 1. zast. prvi vagon iza lokomotive koji joj služi kao spremište goriva, alata i maziva 2. pom. popratni brodić za dovoz zaliha na veći brod 3. prikolica teretnoga vozila 4. pren. prirepak, prikrpina, pratilac, satelit 5. trg.… …   Hrvatski jezični portal

  • invitation — /ˌɪnvɪ teɪʃ(ə)n/ noun an act of asking someone to do something ● to issue an invitation to someone to join the board ● They advertised the invitation to tender for a contract …   Dictionary of banking and finance

  • Invitation to treat — (or invitation to bargain in the United States) is a contract law term. It comes from the Latin phrase invitatio ad offerendum and means inviting an offer . Or as Andrew Burrows writes, an invitation to treat is an expression of willingness to… …   Wikipedia

  • tender — ten·der 1 n 1 a: an act or instance of tendering b: an unconditional offer of payment or performance (as in discharge of an obligation) that is coupled with a manifestation of willingness and ability to follow through (as by producing a check) c …   Law dictionary

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