Project Management Glossary
Invitation for Bid (IFB)
Definition of Invitation for Bid (IFB)
A type of procurement document used to request a total price to do all the work, from prospective sellers. It is generally used in FP contracts.
Project Management Glossary
Definition of Invitation for Bid (IFB)
A type of procurement document used to request a total price to do all the work, from prospective sellers. It is generally used in FP contracts.