Glossary

Approach to Market (ATM)

Any published notice inviting suppliers to respond to a requirement.

An approach to market is the Australian term for what other countries call a solicitation. It covers every invitation type: request for tender (RFT), request for quote (RFQ), expression of interest (EOI), request for information (RFI), invitation to supply (ITS) and request for proposal (RFP). The notice states the closing time, the conditions for participation, the evaluation criteria and where to lodge. An ATM published on AusTender is open to any supplier that meets its conditions unless it says otherwise, for example when it is limited to members of a panel.

Win the contracts behind the jargon

FastTender finds, scores, and helps you win Australian Government work with AI. Start free.

Start your free trial
AusTender data Encrypted & access-controlled Cancel anytime