Sources sought notice
A sources sought notice is a federal market-research notice asking capable firms to identify themselves and describe their experience.
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Definition
A sources sought notice is a federal market-research notice asking capable firms to identify themselves and describe their experience. Agencies use the responses to judge whether enough small businesses, or firms in a program such as 8(a), HUBZone, SDVOSB or WOSB, could compete, which decides whether the contract is set aside.
Responses are not offers, and no contract is awarded from the notice itself.
How it differs
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vs. Request for information (RFI)
An RFI can ask about prices and solutions; a sources sought notice mainly asks who can do the work. What is RFI?
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Questions
What does "sources sought notice" mean in procurement?
A sources sought notice is a federal market-research notice asking capable firms to identify themselves and describe their experience. Agencies use the responses to judge whether enough small businesses, or firms in a program such as 8(a), HUBZone, SDVOSB or WOSB, could compete, which decides whether the contract is set aside.
What is the difference between Sources sought notice and RFI?
An RFI can ask about prices and solutions; a sources sought notice mainly asks who can do the work.