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  • Expression of Interest

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    Mahfuz Rahman
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    An Expression of Interest or Registration of Interest is a written request that outlines an intention to acquire goods or services and invites suppliers to indicate their interest in meeting the requirement. It allows an organization to explore the market and identify interest from potential suppliers. The requirement may not be clearly defined initially. The process usually involves suppliers first registering or expressing interest, then a second stage where competitive tenders, a selected list of tenders, or direct negotiations occur with prospective suppliers. The EOI seeks suppliers' relevant experience, ownership details, and financial information to indicate their ability and interest in potentially supplying the requirement.

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    An Expression of Interest or Registration of Interest is a written request that outlines an intention to acquire goods or services and invites suppliers to indicate their interest in meeting the requirement. It allows an organization to explore the market and identify interest from potential suppliers. The requirement may not be clearly defined initially. The process usually involves suppliers first registering or expressing interest, then a second stage where competitive tenders, a selected list of tenders, or direct negotiations occur with prospective suppliers. The EOI seeks suppliers' relevant experience, ownership details, and financial information to indicate their ability and interest in potentially supplying the requirement.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    46 views1 page

    Expression of Interest

    Uploaded by

    Mahfuz Rahman
    An Expression of Interest or Registration of Interest is a written request that outlines an intention to acquire goods or services and invites suppliers to indicate their interest in meeting the requirement. It allows an organization to explore the market and identify interest from potential suppliers. The requirement may not be clearly defined initially. The process usually involves suppliers first registering or expressing interest, then a second stage where competitive tenders, a selected list of tenders, or direct negotiations occur with prospective suppliers. The EOI seeks suppliers' relevant experience, ownership details, and financial information to indicate their ability and interest in potentially supplying the requirement.

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    Expression of Interest (EOI)/Registration of interest (ROI)

    What is an Expression of Interest or Registration of Interest? Often referred to as an EOI or an ROI, this is a written request that outlines an intention to acquire goods or services and invites suppliers to indicate their interest in meeting the requirement. It allows for an exploration of the market and an opportunity to identify the level of interest in supplying the requirement. Why use an EOI or ROI? The requirement may not be clearly defined but a general description should allow the supplier to assess their ability to supply. How is it done? Usually a two-step process, the first stage involves an invitation for suppliers to register or express their interest for the supply of the requirement. A written invitation is usually issued publicly through the SA Tenders and Contracts website or directly to prospective suppliers from them to express their interest in a proposed procurement. After evaluation of the responses to the first stage, the process may also include a second stage, which may involve: the calling of competitive tenders from all registrants; or tenders from a selected list of suitable registrants; or direct negotiations with one or more registrants. What is sought? It is an invitation for a potential supplier to register or express their interest for the supply of the requirement. Other information sought could include: Details of previous relevant experience; Ownership details; and Profitability & turnover. Other relevant information As the requirements in the ROI/EOI documentation tend to be broader and more general, this encourages an environment of open competition.

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