RFP
Formal proposal request
RFP stands for request for proposal, a document organizations issue when soliciting bids from vendors or contractors.
An RFP outlines project requirements, evaluation criteria, and submission deadlines, inviting qualified parties to propose solutions and pricing: We submitted our RFP response last week.
The process is standard in government contracting and corporate procurement.
Offer to purchase
- solicitationSeeking to obtain
- vendorOne who sells goods
- contractEnforceable written agreement
- submissionYielding to another's will
tender · evaluation · award · requirements · scope · pricing · deadline · compliance
Answer to stimulus
- templatePreset pattern for reproduction
- questionnaireFormal inquiry form
- scoringEarning points in competition
- shortlistCulled selection for review
review · due diligence · negotiation · stakeholder · committee · weighting · rubric · clarification
Condensed overview for decision-makers
- cover letterJob application preface
- appendixSupplementary section after main text
- attachmentConnection or fondness
- boilerplateStandardized reusable text
methodology · qualifications · experience · case study · portfolio · certifications · insurance · bonding
bid
Offer to purchase
- solicitationSeeking to obtain
- vendorOne who sells goods
- contractEnforceable written agreement
submission · tender · evaluation · award · requirements · scope · pricing · deadline · compliance · specifications
response
Answer to stimulus
- templatePreset pattern for reproduction
- questionnaireFormal inquiry form
- scoringEarning points in competition
shortlist · review · due diligence · negotiation · stakeholder · committee · weighting · rubric · clarification · addendum
executive summary
Condensed overview for decision-makers
- cover letterJob application preface
- appendixSupplementary section after main text
- attachmentConnection or fondness
boilerplate · methodology · qualifications · experience · case study · portfolio · certifications · insurance · bonding · references
- proposalsbid, letter of intent, betrothal, tender, executive summary
- contractsbinding contracts, contract length, lease, clause, contract terms
- Business AcronymsSKU, UPC, CEO, COO, POS
- B2B CommerceB2B, suppliers, vendors, buyers, procurement
- biolabelingradiolabeling, CFP, APEX, barcoding
- defense procurementdefense contracts, military procurement, military contracts, defense contracting, government contracts
Buyer's formal acquisition document
contract · work order · award · award letter · letter of intent
RFPproposal
Formal plan for consideration
bid · response · submission · quote · offer
Enforceable legal agreement
request, for, proposal, requests, requested, requesting, requester, propose, proposes