The official notice from an owner asking contractors to submit their prices for a project.
An invitation to bid (ITB) is a formal document issued by an owner inviting qualified contractors to submit competitive bids for a defined construction project. It specifies the project description, bid due date, location, bonding requirements, and instructions for obtaining bid documents. Public agencies are often required by law to publicly advertise invitations to bid.
The city published an invitation to bid for the new fire station with a deadline of March 15 and a mandatory pre-bid site visit on March 5.
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