Business Pitch Dictionary by pitch.dog
Procurement evaluation & award · Working

Notice of intent to award

Also called: intended award notice

ELI5

Advance notice of the proposed award before final contract execution.

Used in conversation

“Counsel wants notice of intent to award clarified before anyone signs.”

Pitch context

You will see “Notice of intent to award” in operating plans, procurement packs, supplier reviews and supply-chain reports when the discussion reaches procurement evaluation & award.

Why it matters: In procurement evaluation & award, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.