When preparing an RFP, remember: the quality of the proposals you receive is directly related to the quality of the RFP you issue. That said, here are some questions and answers that will help you write better RFPs. What is an RFP? It's an acronym for “request for proposal.” Internationally, RFPs often are called ITTs, an “invitation to tender” an offer. Why is an RFP valuable? It gives you a low-risk way to manage what can be a complex process of soliciting bids, evaluating vendors, and ...

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