Request for proposal: Difference between revisions
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imported>Doug Williamson m (Typo correction "an" should be "a".) |
imported>Doug Williamson (Amend both definitions to separate bank and non-bank cases more clearly.) |
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A request for proposal is a formal tender which communicates a customer’s requirements to the banks who are being asked to bid. | A request for proposal is a formal tender which communicates a customer’s requirements to the banks who are being asked to bid. | ||
The RFP is used to facilitate selection of a | The RFP is used to facilitate selection of a bank or banks. | ||
== RFPs more generally == | == RFPs more generally == | ||
By analogy, similar communications in relation to non-banking services. | By analogy, similar communications in relation to non-banking services or the provision of goods. | ||
== See also == | == See also == | ||
* [[Request for information]] | * [[Request for information]] | ||
Revision as of 18:54, 15 July 2014
(RFP).
RFPs in banking
A request for proposal is a formal tender which communicates a customer’s requirements to the banks who are being asked to bid.
The RFP is used to facilitate selection of a bank or banks.
RFPs more generally
By analogy, similar communications in relation to non-banking services or the provision of goods.
