Request for Expression of Interest definition

Request for Expression of Interest or “RFEOI” means a public request made by the Corporation seeking responses from potential Suppliers for the purposes of compiling a list of Suppliers who may be interested in providing Goods and/or Services to the Corporation from time to time. Receipt of an expression of interest by the Corporation does not create any obligation between the potential Supplier and the Corporation, but may be a precondition to qualifying for subsequent Bid Solicitations issued by the Corporation;

Request for Expression of Interest or ‘REOI’ means a focused market research tool used to determine supplier interest in a proposed procurement. It may be issued simultaneously with a Request for Qualifications (RFQUAL) when the proposed procurement is well defined and the purchaser has clear expectations for the procurement.

Request for Expression of Interest or “RFEOI” means the process described in this document; and

Examples of Request for Expression of Interest in a sentence

• Eligibility documents must be received by the Procuring Entity’s BAC at the address and on or before the date and time indicated in the Request for Expression of Interest and the EDS.

• BDS depending on the evaluation procedure identified in the Request for Expression of Interest and ITB Clause 1.1.

• The eligibility of each prospective bidder shall be determined by examining each bidder’s eligibility requirements or statements against a checklist of requirements, using non-discretionary “pass/fail” criterion, as stated in the Request for Expression of Interest, and shall be determined as either “eligible” or “ineligible.” If a prospective bidder submits the specific eligibility document required, he shall be rated “passed” for that particular requirement.

• Consultants should note that the Procuring Entity will only accept bids from those that have paid the applicable fee for the Bidding Documents at the office indicated in the Request for Expression of Interest.

• If the Request for Expression of Interest allows participation of foreign consultants, prospective foreign bidders may be eligible subject to the conditions stated in the EDS.

More Definitions of Request for Expression of Interest

Request for Expression of Interest means a request by the County seeking responses from potential Vendors for the purpose of determining the interest of the marketplace in providing goods or services contemplated to be procured by the County.

Request for Expression of Interest. (RFEI) means a solicitation to prospective proposers on a procurement opportunity. An RFEI may be issued in advance of an RFP to assist in the development of a more definitive set of terms and conditions, scope of work or service and the selection of qualified proposers. An RFEI does not contain all of the information a prospective proposer needs to provide a full bid or proposal response, and should not to be construed as an RFP or notice inviting bids. The RFEI enables potential proposers to determine whether they have a serious interest in preparing a proposal or bid in response.

Request for Expression of Interest means a request which will be used to determine the interest of the market place to provide Goods and/ or Services which the City is contemplating purchasing and may result in the determination of a short list of Bidders to respond to a Bid Request. (120-10, 96-13)

Request for Expression of Interest. (REI) means a request for information from the market for the purpose of assessing the viability of certain ideas, and/or the market interest in providing the Goods and/or Services to the City. This process is not intended to lead to an Award and does not create any contractual obligations.

Request for Expression of Interest means a non-binding procurement document usually released prior to a competitive process to gauge the level of market interest in the project and to highlight any potential bidder concerns.

Request for Expression of Interest. (RFEI) means a request used to determine market interest to provide Goods and/or Services that the City is contemplating purchasing and may result in the determination of a short list of Bidders to respond to a Bid Request.

Request for Expression of Interest. (“RFEOI”) means a request which will be used to determine the interest of the market place to provide Goods or Services;