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What is the difference between an Expression of Interest and a Request for Proposal?

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What is the difference between an Expression of Interest and a Request for Proposal?

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An Expression of Interest (EOI) is a multi-staged process. An EOI is used to shortlist potential suppliers before then seeking detailed bids from the shortlisted tenderers. Each stage of an EOI must be conducted in accordance with the procurement thresholds and the Treasurer’s Instructions. An EOI is generally used when the information required from tenderers is specific but the agency is unsure of the capability of suppliers to provide the required goods and services.A Request for Proposal, on the other hand, can be a single or a multi-staged process and is usually used when the project or requirement has been defined, but where an innovative or flexible solution is sought.For further information refer to the Treasurer’s Instruction 1108.

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