4castplus Blog

4castplus Blog

05 5, 2014

What's the Difference: RFP, RFQ and Invitation To Tender

In the world of contract management and procurement, there are a variety of ways the tendering stage can work.  A key part of planning any piece of work to be done, is determining who is going to do that work; and setting out the terms of reference and evaluation criteria for awarding the contract to the winning bidder.

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