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Bradford Bulls were liquidated on Tuesday after the Championship club's administrators were unable to find a suitable buyer.
The RFL has said the new Bradford side will take the place of the old one in the second tier but start the season with a 12-point deduction.
They have set a deadline of Monday, 9 January for bids to be submitted.
A decision is then expected within two weeks and, should an agreement be reached, the new Bradford side would play their first competitive game against Hull KR on Sunday, 5 February.
Jamie Peacock, who captained Bradford to their last Super League title in 2005 before joining Leeds, believes a reformed Bradford club can be successful if they can get through what is likely to be a tough spell in the short term.
"They had the same situation in 1963, reformed in 1964 and were winning trophies again within about five years," former England captain Peacock told BBC Radio 5 live.
"That may be more difficult this time, but I think they've got more chance of being successful now it's not saddled with the debts it's had.
"This year will be a difficult year for the club and whoever starts the club up again, given the handicap of losing 12 points.
"But if they can spend within their means this year and go hard again in 2018, there's no reason why can't become successful again."

Swindon-based Gaming International Ltd, who run greyhound racing tracks in England and Japan and the National Bowl in Milton Keynes, are currently in the process of buying the club.
The Gulls were taken over last summer by a group of supporters after millionaire owner Thea Bristow left.
"We're getting very close to the takeover now," Phillips said.
"They want to get a football club on board," Phillips told BBC South West.
"I've met them and they're very, very good people. I think we need the investment, we've never hidden that - we've never had enough money to really push forward."
The club were forced to drastically cut the playing budget, got rid of former manager Chris Hargreaves,closed the youth academy and had to leave their training ground.
On the field, the team were 12 points adrift from safety at the bottom of the National League in February, but a run of nine wins in their last 15 league games saw them secure survival on Saturday.
"I was one of the fans that saved the club back in June, but now we need to go forward and we need to get back into the Football League," added Phillips.
"If we get back into the Football League it'd make a big difference to our club."
Phillips is unsure whether he or his fellow directors will remain at the club should the takeover be completed.
"We're not sure how the structure will be, but its conceivable that we'll still be here," he said.
"I don't know that for certain yet, but that's a possibility."
The Rugby Football League says it has received 10 expressions of interest in creating a new club in Bradford.
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