Table of Contents
What does it mean to add additional interest?
An additional interest is an entity, either a person or organization, that has some vested interest in the insured item. For example, if you finance your vehicle, you may be required to add the lender as an additional interest to your car insurance policy.
What is the interested party?
Interested party means an actual or prospective bidder or offeror whose direct economic interest would be affected by the award of a contract or by the failure to award a contract.
Which is an example of an interested party?
Examples of interested parties are given as customers, owners, people in an organization, providers (suppliers), bankers, regulators, unions, partners, or society that can include competitors or opposing pressure groups.
What is an interested party in logic?
548. Interested Party means an actual or prospective offeror whose direct economic interest would be affected by the award of a contract or by the failure to award a contract.
What is interested parties in ISO?
ISO 14001 defines an interested party as “a person or organization that can affect, be affected by, or perceive themselves to be affected by a decision or activity”.
What is the difference between stakeholder and interested party?
Stakeholders are referred to synonymously as Interested Parties by ISO management systems standards – ISO 9000 states their importance clearly: “Organizations attract, capture and retain the support of the relevant interested parties they depend upon for their success.”