ITQ (Invitation to Qualify)

An Invitation to Qualify (ITQ) is a procurement strategy utilized by organizations to identify potential vendors for goods and services. An ITQ is an open invitation inviting suppliers who meet established criteria to submit a detailed qualification statement. The purpose of this process is to allow the organization to assess the capabilities of prospective vendors and evaluate their ability to handle requirements before any further steps are taken. The ITQ outlines key elements for evaluation such as information about the project, vendor qualifications, and technical capability. This helps organizations compare suppliers based on qualities relevant to the project requirements and select a suitable supplier.