Dictionary of Procurement Terms

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Search Results: 1-1 of 1 result for “Letter of Interest (LOI)”

  • Letter of Interest (LOI)

    CANADIAN Letter sent to the Buyer to measure interest in receiving feedback from Suppliers. This may lead to re-opening or re-issuing of the opportunity for an open tender at a later date. An LOI or a Request for Information (RFI) is not open for bidding.