What does invitation to bid mean in construction?
Short definition
An invitation to bid is a procurement notice inviting contractors or subcontractors to submit bids.
Longer explanation
ITBs are commonly used for competitive bidding where scope is defined and award may be based heavily on price and responsiveness.
Example in context
“The project team reviewed the invitation to bid during the construction phase.”
Common users
- Owners
- Architects
- Contractors
- Construction managers
Related terms
Related resources
Construction AcronymsA curated index of common construction acronyms used in contracts, drawings, administration, safety, and project delivery.Construction Procurement TermsProcurement terms for RFPs, RFQs, ITBs, bid packages, buyout, purchase orders, and long-lead items.RFP vs RFQUnderstand the difference between a request for proposal and a request for qualifications.RFP vs ITBCompare requests for proposals with invitations to bid in construction procurement.Construction Procurement ProcessHow teams plan bid packages, issue RFPs or ITBs, compare responses, and award work.