restricted bidding |
|
Definition
Invitation to bid (ITB) sent only to selected contractors, sellers, or vendors who have been pre-qualified through a screening process. Also called restricted tendering.
email to a friend
print this definition
cite this definition
link to this page
restricted bidding is in the Agreements & Contracts and Purchasing & Procurement subjects.
restricted bidding appears in the definition of the following term: restricted tendering
This content can be found on the following page:
http://www.businessdictionary.com/definition/restricted-bidding.html







