What type of document is an Invitation to Tender (ITT)?

An Invitation to Tender (ITT) is designed to serve as a formal request that invites suppliers to submit their quotes or bids for specific products or services needed by a buyer. This document outlines the requirements and specifications of the project or goods, allowing potential suppliers to understand what is being asked of them and to prepare their submissions accordingly.

By issuing an ITT, organizations aim to elicit competitive responses, ensuring they receive a range of offers to choose from, which can help in selecting the best supplier based on price, quality, and compliance with the stated requirements. This makes it an essential part of the procurement process for engaging with external vendors in a structured and transparent manner.

In contrast to other document types, such as a request for information or an internal guideline, the ITT specifically centers on securing bids, making it critical for organizations looking to foster competition among suppliers. This focus on inviting tangible offers rather than information or proposals is key to understanding its purpose in procurement.