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  2. Request for proposal - Wikipedia

    en.wikipedia.org/wiki/Request_for_proposal

    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. [2] When an RFP is made after negotiations with prospective contractors, the submitted tender is known as a BAFO (best and final ...

  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. 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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  7. Term sheet - Wikipedia

    en.wikipedia.org/wiki/Term_sheet

    Within the context of venture capital financing, a term sheet typically includes conditions for financing a startup company.The key offering terms in such a term sheet include (a) amount raised, (b) price per share, (c) pre-money valuation, (d) liquidation preference, (e) voting rights, (f) anti-dilution provisions, and (g) registration rights.

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