Requests for proposals (Public contracts)

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Information for Authority record
Name (Hebrew)
מכרזים (חוזים מנהליים)
Name (Latin)
Requests for proposals (Public contracts)
Other forms of name
RFPs (Public contracts)
מכרזים (חוזי רשות)
מכרזים (חוזים ציבוריים)
See Also From tracing topical name
Letting of contracts
Public contracts
MARC
MARC
Other Identifiers
Wikidata: Q2432075
Library of congress: sh 94006865
Sources of Information
  • UMI business vocab.
  • Banki, I.S. Dictionary of administration and management, 1986(Request for proposals)
  • BPI.
Wikipedia description:

A request for proposal (RFP) is a form of reverse auction that solicits a business proposal by an organisation interested in the procurement of a service or product from potential suppliers. It is usually part of a complex sales process, and made through a bidding process. Unlike invitations to tender, which award contracts based upon the price and quality of the tender, RFPs allow suppliers more flexibility in proposing an original service or product in alignment with a company's needs. Similar requests include a request for quotation (RFQ) and a request for information (RFI), where a customer needs more information from vendors before submitting an RFP. An RFI is typically followed by an RFP or RFQ. When an RFP is made after negotiations with prospective contractors, the submitted tender is known as a BAFO (best and final offer).

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