Glossary   > Request For Proposal

Request For Proposal

A document that the companies use to collect information regarding the product/service from a potential supplier/agency is called A Request For Proposal, aka RFP. In return, the suppliers are expected to respond to the RFP with the outline of their offering, including their superiority over the competitors in brief. Apart from price, it also includes in-depth information on both the long and short-term goals of the proposal.  

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