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  2. Request for proposal - Wikipedia

    en.wikipedia.org/wiki/Request_for_proposal

    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. [1] It is usually part of a complex sales process, and made through a bidding process.

  3. Request for quotation - Wikipedia

    en.wikipedia.org/wiki/Request_for_quotation

    The suppliers have to return the bidding by a set date and time to be considered for an award. Discussions may be held on the bids (often to clarify technical capabilities or to note errors in a proposal). The bid does not have to mean the end of the bidding; multiple rounds can follow. [citation needed]

  4. Proposal (business) - Wikipedia

    en.wikipedia.org/wiki/Proposal_(business)

    A business proposal is a written offer from a seller to a prospective sponsor. Business proposals are often a key step in a complex sales process, where a buyer considers more than price in a purchase.

  5. Request for information - Wikipedia

    en.wikipedia.org/wiki/Request_for_Information

    An RFI is primarily used to gather information to help make a decision on what steps to take next. RFIs are therefore seldom the final stage and are instead often used in combination with request for proposal (RFP), request for tender (RFT), and request for quotation (RFQ). In addition to gathering basic information, an RFI is often used as a ...

  6. Statement of work - Wikipedia

    en.wikipedia.org/wiki/Statement_of_work

    Many formats and styles of statement of work document templates have been specialized for the hardware or software solutions described in the request for proposal.Many companies create their own customized version of SOWs that are specialized or generalized to accommodate typical requests and proposals they receive.

  7. Invitation to tender - Wikipedia

    en.wikipedia.org/wiki/Invitation_to_tender

    A tender announcement from the Indonesian Ministry of Finance. An invitation to tender (ITT, also known as a call for bids [1] or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been ...

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