invitation to tender - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “invitation to tender”

invitation to tender

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.
(Definition of invitation to tender from the Cambridge Business English Dictionary © Cambridge University Press)
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