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Definition | : | Invitation For Bid |
Category | : | Business » Trade |
Country/ Region |
: | Worldwide
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Popularity | : |
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An invitation for bid (IFB) or invitation to bid (ITB) is an invitation to contractors or equipment suppliers, through a bidding process, to submit a proposal on a specific project to be realized or product or service to be furnished. IFB is generally the same thing as Request for Quote (RFQ).
Indian Fine Blanks
Companies & Corporations
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The full form of IFB is Invitation For Bid
Invitation For Bid | Indian Fine Blanks