Which stage involves drafting the Invitation to Tender (ITT) or Request for Proposal (RFP)?

The correct choice focuses on the stage of developing tendering documentation, which includes drafting the Invitation to Tender (ITT) or Request for Proposal (RFP). This stage is critical in the procurement process as it lays out the framework for potential suppliers to understand the requirements, expectations, and criteria needed to submit their proposals effectively.

During the development of tendering documentation, the organization defines the project needs, specifications, evaluation criteria, and terms and conditions. This documentation serves as a formal invitation for suppliers to present their bids or proposals, ensuring that all necessary information is conveyed clearly and concisely.

This step establishes the foundation for subsequent stages, such as bid/tender evaluation and supplier selection, as it ensures that all participants are informed and aligned on what is required for a successful bid. By having well-defined and comprehensive documentation, organizations can increase the chances of receiving competitive and suitable proposals that meet their objectives.