REQUEST FOR PROPOSAL (RFP): THE PROCESS
REQUEST FOR PROPOSAL (RFP): THE PROCESS Last Updated: 7/30/2008 1Request for PROPOSAL (RFP): The PROCESS A REQUEST for PROPOSAL (RFP) is a prospectus inviting consultants to apply for work on a specific project. An RFP outlines all the work and products required of a consultant and provides a means for evaluating the ability of various contractors to perform the required services. It is different from an open bidding PROCESS because an RFP is usually targeted to pre-selected potential contractors. Organizations should use this RFP PROCESS or a similar PROCESS when selecting vendors for services and/or consultants.
1 Request for Proposal (RFP): The Process A Request for Proposal (RFP) is a prospectus inviting consultants to apply for work on a specific project.
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