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FAQ Topic: Procurement

What’s the difference between an RFP, RFI, and RFQ and how do I know which one to use?

UNDER CONSTRUCTION A Request for Proposal (RFP) is a document that solicits proposal, often made through a bidding process, by an agency or company interested in procurement of a commodity, service, or valuable asset, to potential suppliers to submit business proposals. A Request for Information (RFI) is a standard business process whose purpose is to collect written information about the capabilities of … Continued

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