What does expression of interest mean?
Definitions for expression of interest
ex·pres·sion of in·ter·est
This dictionary definitions page includes all the possible meanings, example usage and translations of the word expression of interest.
Wiktionary
expression of interestnoun
A call to potential providers of goods and/or services to register interest in supplying them. Commonly a document describing requirements or specifications and seeking information from potential providers that demonstrate their ability to meet those requirements.
Wikipedia
expression of interest
An invitation to tender (ITT, otherwise known as a call for bids or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been previously assessed for suitability by means of a supplier questionnaire (SQ) or pre-qualification questionnaire (PQQ). The term "notice inviting tenders" (NIT) is often used in purchasing in India.An ITT differs from a request for quotation (RFQ) or a request for proposal (RFP), in which case other reasons (technology used, quality) might cause or allow choice of the second best offer. An RFP is a request for a price from a buyer but the buyer would also expect suggestions and ideas on how the project work should be done. RFPs are thus focused on more than just pricing/cost, they entail a bit of consulting from the contractor or vendor. The closest equivalent to an ITT in the mainstream private sector is an RFP which, since public money is not involved, typically has a less rigid structure.
Numerology
Chaldean Numerology
The numerical value of expression of interest in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of expression of interest in Pythagorean Numerology is: 5
Translations for expression of interest
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"expression of interest." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/expression+of+interest>.
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