Request for Proposals (RFP)
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A Request for Proposals (RFP) is a solicitation document that solicits business proposals.
- See: Proposal (Business), Request For Permission, Bidding, Procurement, Commodity, Service (Economics).
References
2022
- (Wikipedia, 2022) ⇒ https://en.wikipedia.org/wiki/Request_for_proposal Retrieved:2022-6-8.
- A request for proposal (RFP) is a document that solicits proposal, often made through a bidding process, by an agency or company interested in procurement of a commodity, service, or valuable asset, to potential suppliers to submit business proposals. It is submitted early in the procurement cycle, either at the preliminary study, or procurement stage.