Request for Proposal

An RFP solicits formal, binding information on the cost, technical, and schedule characteristics of material or services to be procured.  By definition, the procurement will be the focus of  management.

An RFP usually includes comprehensive draft requirements, insofar as they are known at the time of procurement.  The use of “TBD” (of various types) is often pervasive.

An RFP often follows an RFQ.