Request for tender (RFT)

A standard RFT for a major (national) project. Fully worked with conditions applicable to a major project with a preference for an instrument of delegation by the tenderer's board of directors (or otherwise things start getting complicated). It requires considentiality agreement (nomination format) before due diligence can begin and requires any subby that the tenderer wants to be involved in due diligence to be identified by confidentiality declaration by the tenderer. The subby will also need to sign a confidentiality agreement.

The Expression of Interest (EOI) is a formal response to the ROI. Vendors use a good EOI to register their interest in a way which will guarantee their inclusion in Stage 2.