What is a Request For Proposal (RFP)?
Request For Proposal (RFP)
A RFP is a document created to ask interested organizations to submit a plan to solve a problem. These plans are then used by the requesting company to decide which organization is best suited to complete the task.
A RFP is composed of the following three major pieces:
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A summary of RFP's objective
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Information on the company that is requesting the proposed work
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Detailed information about what is being requested
The detailed information contains the following:
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A timeline for the project including when it will start
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Information about the cost of the given proposal
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Extra requests that are not required but would be good additions to the project
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Suggestion of how the proposal should be organized