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Also known as: no bid letter, no-bid decision letter, RFP declination letter, IFB declination letter, no-bid notice, intent to no-bid letter, no-bid response, ITT declination letter, letter of intent to no-bid, bid declination letter, invitation declination letter, ITB declination letter, Request for Proposals declination letter, Invitation for Bids declination letter, Invitation to Bid declination letter, Invitation to Tender declination letter, invitation declining letter, letter declining RFP participation, letter declining bidding participation, bid/no-bid decision process, bid/no-bid considerations, no-bid response letter, bid/no-bid decision analysis, no-tender letter, sample no bid letter, no bid response, tender/no-tender decision, letter to decline an invitation, bid/no-bid decision process, no-bid letter response template, letter of no-bid response, bid/no-bid decision, letter declining participation in bid, declination of bid letter, bid/no-bid analysis, letter declining an invitation, letter of intent not to bid, or no-bidding letter.
To create your own no-bid letter, use the templates and samples provided in your FREE Request for Proposal Letters Toolkit.
A no-bid letter is a letter to the organization that invited you to bid or submit a proposal, notifying them that you will not do so. To remain potentially involved in future opportunities, the provider should state in the no-bid notice the reasons for declining such an invitation.
Handling no-bid letters from prospective contractors is a process that acquirers define within the acquisition life cycle in an acquisition plan template worthy of the name.
Before even writing a no-bid letter, you have to decide not to bid. This decision is the result of an analytical process, the bid/no-bid analysis, also called the bid/no-bid decision process.
The no-bid letter is sent after having performed a bid/no-bid analysis. The bid/no-bid analysis assesses (quantitatively, qualitatively, or both) all risks inherent in submitting or not submitting an offer. The analysis process relies on building a list of relevant questions, called the bid/no-bid checklist. On the basis of this checklist, a bid/no-bid analysis matrix will be created, which will determine the worth of sending a bid. If the decision is to bid, a letter of intent will be sent to the purchasing officer. If the decision is not to bid, then a no-bid letter, explaining the reasons, will be sent.
The no-bid letter is the critical factor in remaining on the bidders list, and thus ensures future business opportunities. For the contracting officer who sent you the invitation to bid, the no-bid letter demonstrates that, while you are not interested in bidding for a particular project for specific and valid reasons, you are still interested in competing for future opportunities, and want to stay on the prospective bidder list. This is why it's important to take the time to write a professional no-bid letter.
The no-bid letter is part of your FREE Request for Proposal Letters Toolkit.
It is highly recommended that you read the recommendations below in order use the no-bid letter template properly and successfully.
NO-BID LETTER TEMPLATES AND SAMPLES?
Read tips on how to write a professional, impressive, and bulletproof no-bid letter in your FREE Request for Proposal Letters Toolkit, 2014 Edition.
In the toolkit, you will also find no-bid letter template and sample.
It's FREE! No copyrights. They're all yours.
"The no-bid letter template ensures future business opportunities."
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