Quick Definition

A Request for Proposal (RFP) is a document issued by an organization to solicit proposals from potential suppliers or service providers, as part of a competitive bidding process.

Examples

• 1A government agency issues an RFP for the construction of a new office building, inviting construction firms to submit their plans and bids.
• 2A corporation releases an RFP to find a new IT service provider, detailing the scope of services needed and the criteria for selection.
• 3A university issues an RFP for a food service provider for its campus, outlining the requirements for meal variety, nutritional standards, and pricing.

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