Whats the difference between a tender, a quotation and an EOI? | AlburyCity
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Whats the difference between a tender, a quotation and an EOI?

A tender is a formal process that Council may use to purchase goods and services from suppliers that is governed by a set of legally binding rules. Please contact Procurement & Contact Management at AlburyCity for more detail.

A quote is an informal request for pricing for the supply of goods and services so as to allow for a comparison between potential suppliers. This approach is generally used for lower value purchases and is generally less formal than a tender.

An Expression of Interest (EOI) is simply a request for information from possible suppliers. It does not commit the Supplier or Council to any a price or provider. It is simply a way of asking for information from perspective suppliers.

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