During the lane selection part of the project creation phase, you will be offered the option to “conduct a bidding process”.

If you select this option, your template choices will be narrowed to six single-stage competitive procurement options:

  • Invitation to Tender (ITT), also known as the Request for Bids (RFB)
  • Request for Proposal (RFP), also known as the non-negotiated or “Contract A” RFP
  • Consecutive Negotiation RFP, also known as the “Rank-and-Run NRFP” or “NRFP”
  • Concurrent Negotiation RFP, also known as the “Best-and-Final Offer (BAFO) NRFP” or “Dialogue NRFP”
  • Request for Quotation (RFQ) (Low Bid Version)
  • Request for Quotation (RFQ) (High Score Version)

 

To learn more about these options, see Overview of Procurement Formats.