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A Request for Proposal is a document issued by a Buyer to solicit product information, price and delivery terms from a prospective Seller. This may include a technical response and/or solution if the product or service needs to be developed or customized to the customer's needs.
A Request for Proposal is typically broader than a Request for Quote which solicits price bids.
ID | Name | Level | x |
---|---|---|---|
S | Sell | 1 | S |
S1 | Sell on Standard Terms | 2 | S1 |
S2 | Sell by Proposal | 2 | S2 |
S3 | Sell Custom Solution | 2 | S3 |
S4 | Sell Renewal | 2 | S4 |
C | Contract | 1 | C |
C2 | Contract by Proposal | 2 | C2 |
C201 | Receive Request | 3 | C201 |
C202 | Initiate Proposal | 3 | C202 |
C203 | Develop Proposal | 3 | C203 |
C204 | Obtain Approvals | 3 | C204 |
C205 | Submit Proposal | 3 | C205 |
C206 | Refine & Negotiate | 3 | C206 |
C207 | Obtain Signatures | 3 | C207 |
C208 | Release Contract | 3 | C208 |
C3 | Contract Custom Solution | 2 | C3 |
C4 | Contract Renewal | 2 | C4 |
S005 | Tender | 3 | S005 |
S301 | Identify Supply Sources | 3 | S301 |
D301 | Receive Request for Proposal | 3 | D301 |