Asked by Veronika Khvan on Jun 04, 2024
Verified
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).
Verified Answer
PG
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.
Learning Objectives
- Recognize the components necessary for the preparation and response to a Request for Proposal (RFP).
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