Asked by Veronika Khvan on Jun 04, 2024

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What is a request for proposal RFP)?

Request For Proposal

A formal document issued by an organization inviting suppliers to submit proposals for supplying goods or services.

  • Recognize the components necessary for the preparation and response to a Request for Proposal (RFP).
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Peyton GrahamJun 11, 2024
Final Answer :
If services or products will be provided by vendors, the cost of those services can be determined by issuing a request for proposal RFP). The RFP describes the work, service, or product to be provided by the vendor and the quality level required.