Request for Proposal Template

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Procurement Documents 

Definition: Procurement documents are used to solicit proposals from prospective sellers. The terms bid and quotation are generally used when the source selection decision will be based on price (as when buying commercial or standard items), while the term proposal is generally used when other considerations, such as technical skills or technical approach, are paramount. However, the terms are often used interchangeably, and care should be taken not to make unwarranted assumptions about the implications of the term used. Common names for different types of procurement documents include: Invitation for Bid (IFB), Request for Proposal (RFP), Request for Quotation (RFQ), Invitation for Negotiation, and Contractor Initial Response. Procurement documents should be structured to facilitate accurate and complete responses from prospective sellers. They should always include the relevant SOW, a description of the desired form of the response, and any required contractual provisions (e.g., a copy of a model contract, nondisclosure provisions). With government contracting, some or all of the content and structure of procurement documents may be defined by regulation. Procurement documents should be rigorous enough to ensure consistent, comparable responses, but flexible enough to allow consideration of seller suggestions for better ways to satisfy the requirements.

Acceptance Level:  Generally accepted

Alternative or Related Terms: Invitation for Bid (IFB), Request for Proposal (RFP), Request for Quotation (RFQ) Invitation for Negotiation, and Contractor Initial Response

Application Areas/Intended Uses: Procurement documents are an output from solicitation planning.

Chief Advantages: Procurement documents provide an orderly, consistent, and comprehensive way to solicit and assess vendor bids on project work.