Asked by Juliet Sebastian on Apr 24, 2024
Verified
What is a request for proposals (RFP)?
Request For Proposals
A formal document issued by an organization inviting suppliers or service providers to submit a proposal on a specific product or service.
- Understand the purpose and key components of an RFP.
Verified Answer
AM
aaliyah mogajiApr 30, 2024
Final Answer :
A request for proposals (RFP)usually governs the scope and organization of a solicited proposal.An RFP will specify what the proposal must include and in what order.This uniformity lets the recipient evaluate competing proposals in a systematic way.The content of an RFP will vary from industry to industry and project to project.However,most RFPs will include background on the company,a description of the project,solution requirements,criteria for making selection decisions,expectations for submitted proposals,and relevant submission and contact information.
Learning Objectives
- Understand the purpose and key components of an RFP.