The process of engaging with suppliers before formally commencing a procurement to improve the contracting authority’s understanding of the market, available solutions, delivery approaches, risks, and likely costs. Early Market Engagement helps inform the procurement strategy, specification, and commercial approach while maintaining transparency and equal treatment of suppliers. Under the Procurement Act 2023, this activity is referred to as Preliminary Market Engagement (PME).
Early Market Engagement (EME)
Pre-procurement engagement with suppliers to understand the market, solutions, risks, and costs and shape the procurement strategy.
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Related Glossary Terms
The official compilation of permanent U.S. federal laws, providing the statutory basis for many contracting requirements.
A global classification system used to categorize products and services for procurement and spend analysis.
A unique 12-character identifier assigned via SAM.gov to organizations doing business with the federal government, replacing the DUNS number.
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