Request for information (RFI)

A notice where a buyer asks the market what is possible before writing a tender. Nobody wins a contract from an RFI, but answering one can shape the tender that follows.

Also called: RFI, Market sounding, Sources sought

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.

Request for proposal (RFP)

A tender where the buyer describes a problem or outcome and asks suppliers to propose how they would deliver it. RFPs are scored on approach, experience and price together, not price alone.