Tender Types
7 Australian procurement terms related to tender types, including Expression of Interest, Panel Arrangement, Request for Information, Request for Proposal and more. Plain-language definitions for government tendering.
7 terms in this category
All Tender Types Terms
Expression of Interest EOI
A preliminary market approach where a government agency invites suppliers to indicate their interest and capability before deciding which suppliers to invite to a subsequent formal tender process.
Panel Arrangement
A pre-approved list of suppliers who have been assessed as capable of providing particular goods or services, from which government agencies can procure without running a full open tender each time.
Request for Information RFI
A non-binding market engagement where a government agency gathers information from suppliers about available solutions, capabilities, or pricing to help shape a future procurement strategy.
Request for Proposal RFP
An invitation for suppliers to propose a solution to a problem or need, where the agency defines the outcome it wants but allows respondents flexibility in how they deliver it.
Request for Quotation RFQ
A simplified procurement process used for lower-value or straightforward purchases where the agency requests pricing from one or more suppliers for clearly specified goods or services.
Request for Tender RFT
A formal invitation from a government agency for suppliers to submit a detailed bid to deliver specific goods, services, or works against clearly defined requirements and evaluation criteria.
Standing Offer Arrangement SOA
A pre-established agreement between a government agency and one or more suppliers that sets the terms and conditions for purchasing goods or services on an as-needed basis over a defined period.
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