Request For Tender

A request for tender, commonly abbreviated to RFT, is a structured invitation to suppliers for the supply of products and/or services.
As a consequence of the scale of the tender process the majority of RFT’s are published by government sector agencies at the local, state and federal levels. Companies in the infrastructure and utilities sectors may also periodically publish RFT’s

The closest equivalent to an RFT in the mainstream private sector is a request for proposal (RFP), which typically has a less rigid structure.
An RFT is usually an open invitation for suppliers to respond to a defined need as opposed to a request being sent to selected potential suppliers.

The RFT often requests information gathered previously from a RFI. This will usually not only cover product and service requirements, but will also ask for information about the suitability of the business.
The more rigid structure of an RFT assists the submission normalisation process.

Other Documents include:
• EOI - expression of interest
• RFA - request for applications
• RFD - request for documentation
• RFI - request for information
• RFO - request for offer
• RFQ - request for quotation
• RFP - request for proposal
• ROI - registration of interest

GlobalKAP’s collaborative bid creation tools enable responders to streamline the process, continually monitor all associated workflows, and work on the various parts of the response simultaneously.  This saves you time, effort and money as well as increasing the quality of your response.

Contact us NOW to learn more about these solutions.