Expression of Interest Request Glossary - Tradogram
Request for an Expression of Interest
Learn about Requests for Expressions of Interest. Discover their role in gauging market interest and supplier capabilities.
A request for an expression of interest (abbreviated as RFEI) is a solicitation method used to confirm a supplier’s interest in participating in a competitive bidding process for a contract. For complicated procurement projects, an RFEI provides suppliers with time to evaluate the scope of work for a project, and prepare financial details. An RFEI does not guarantee that a responding supplier will continue to be involved in the solicitation process, and contracts are not awarded directly following an RFEI.
