ManagementMania AppMania EduMania JobMania BusinessPages


What is RFP (Request for Proposal) - demand
RFP (Request for Proposal) is a document issued in order to get proposals from potential suppliers

RFP (Request for Proposal) is a document issued in order to get proposals from potential suppliers. It’s a request for an offer.

What is the use of RFP?

We write an RFP when we need to get proposals from prospective suppliers.

What should be included in a basic RFP?

An RFP should be as detailed as needed so that the contacted suppliers are able to work out a proposal. It should much more detailed than RFI or RFQ. It should contain:

  • objectives of the delivery
  • contact information
  • requirements of the contracting entity
  • mode of accepting the delivery
  • deadline for submitting the bid proposal
  • delivery dates
  • payment terms and price requirements
  • schedule

Related terms and methods:

Related management field:

previous next
Did this article help you?
Rating:
Last update: 24.11.2017

Comments



You cannot contribute to the discussion because it is locked


Related consulting companiesmore...