Prior information notice (PIN)
A notice that a buyer plans to tender for something in the coming months. In the UK under the Procurement Act 2023, a similar early warning is called a pipeline or preliminary market engagement notice.
Also called: PIN, Planned procurement notice
Related terms
- Early market engagement
- Talks a buyer holds with suppliers before a tender to understand the market, such as RFIs, demos and supplier days. It is the best time to influence a tender’s requirements.
- Procurement pipeline
- A public list of contracts a buyer expects to tender over the next year or more. Pipelines let small firms plan bids and teaming well ahead of the notice.