A request for proposal (RFP) is a document that outlines an organization's requirements and specifications for a project or service. It is sent to potential vendors or service providers to request proposals that address the organization's needs and goals. The RFP typically includes details about the scope of work, budget, timeline, evaluation criteria, and other relevant information. Vendors or service providers can respond to the RFP with proposals that include pricing, project plans, timelines, and other details outlining how they would meet the organization's requirements. The organization can then evaluate the proposals and select the most suitable vendor or service provider for the project.
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