What is an RFP, and what critical tasks does it facilitate in the purchasing process?
Minimum 150 words. Please list all sources used.© BrainMass Inc. brainmass.com October 25, 2018, 7:18 am ad1c9bdddf
A request for proposal(RFP) is a document that is being prepared by an organization to solicit or invite bids from different vendors for a project. It outlines the terms and conditions of the contract and the process for the bidding. The main purpose of RFP is to create open ...
Discusses RFP and its role in the purchasing process.
organization RFP paper
The purpose of this document is to convey the response to the RFP. This document is provided to the client, containing all required components of the RFP response.
Should the organization request information such as a company description, client list, resume, or vita? Include the appropriate sections in the RFP response, showing how you would professionally display the information; templates should be created, but information cannot be fabricated. If you have relevant experiences with associated references, those may be included. Respond to the RFP as an independent consultant or sole proprietor; do not make up a company that does not exist. Should the organization request pricing (most do), you should thoroughly research how I-O practitioners price their work? For example, talk to different I-O faculty and review professional fees from recent surveys in I-O psychology and carefully estimate the actual costs, following the RFP guidelines for reporting pricing.