Procurement Acronym Dictionary

Instant plain-English explanations for procurement terms and acronyms.

  • ITT — Invitation to Tender

    The formal document inviting suppliers to submit a priced, compliant bid.

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  • RFP — Request for Proposal

    A request asking suppliers to propose a solution as well as a price.

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  • RFQ — Request for Quotation

    A price-led request against a clearly specified requirement.

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  • SQ — Selection Questionnaire

    The pre-qualification stage assessing supplier suitability before tendering.

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  • PQQ — Pre-Qualification Questionnaire

    The legacy term for the supplier selection stage.

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  • MEAT — Most Economically Advantageous Tender

    The combined quality and price assessment used to select a winner.

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  • Standstill Period

    A mandatory pause between award decision and contract signature.

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  • FTS — Find a Tender Service

    The UK service publishing higher-value public procurement notices.

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