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Name : Dev Sahay
Subject: Type of Tenders
Message : I will recommend you to subscribe to banknetindia's IT Procurement in the Financial Sector -A Special Study of Tenders, RFP, RFI and EOI. Read more about it at http://www.banknetindia.com/books/procure.htm

I am taking the liberty to quote from above special study as follows-

"Banks have been deploying different methods to complete the process of selection of a product or a vendor for fulfilling their requirements. They may invite vendors to express their willingness to fulfill the requirement using Expression of Interest (EOI), Request For Initiation (RFI)/ Request for Proposal (RFP), Open tender or Application, Closed Tender etc."


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