Request for Proposal

by Amanda Hahn-Peters
A request for proposal is a public project announcement that solicits bids from potential contractors. Learn more about its basic elements and benefits.

What is a request for proposal?

A request for proposal (RFP) is a formal document issued by organizations seeking bids or proposals from potential suppliers or vendors to fulfill specific project requirements. It outlines the project scope, objectives, timelines, evaluation criteria, and other relevant details. RFPs enable organizations to solicit competitive bids and select the most suitable vendor based on factors like expertise, pricing, and proposed solutions.

Related Glossary Terms

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Amanda Hahn-Peters

Amanda Hahn-Peters is a freelance copywriter for G2. Born and raised in Florida, she graduated from Florida State University with a concentration in Mass Media Studies. When she’s not writing, you’ll find Amanda coaching triathletes, cuddling up with a good book, or at the theater catching the latest musical.

Request for Proposal Software

This list shows the top software that mention request for proposal most on G2.

Responsive is a cloud-based RFP software that eliminates the friction often associated with responding to Requests for Proposal (RFPs), through a no-nonsense set-up, simple and intuitive user interface, and robust integrations with Salesforce and Slack.

Proposal software for consistent, rapid proposal creation. Manage your reps pipelines and track what your clients viewed with proposal analytics.

SAP SuccessFactors helps organizations align strategy with objectives & manage people performance to ensure execution & results. Execution is the difference.

Display announcements, schedules, news feeds, sports scores, social media, and much more directly to your digital signage in real time

Vade is the global leader on anti-phishing, spear phishing, malware and ransomware filtering.

YouTeam is a platform for building remote teams of world-class engineers within 1 week

Supersourcing is an exclusive network of the top 20% expert IT services companies of India.

SAP S/4HANA Cloud stands for SAP Suite 4 HANA. It is an integrated enterprise resource planning (ERP) software for businesses of all sizes, in all industries, that require deep and broad functionality combined with a high degree of flexibility.

Microsoft Publisher is an entry-level desktop publishing solution.

The Nintex Platform empowers organizations to digitally transform their business with intelligent process automation technologies.

Modern legal operations platform that combines e-Billing, matter management, accruals management and legal analytics for in-house counsel.

ServiceChannel Service Automation combines a web- and mobile-based work order management platform with integrated analytics

Knowify is a cloud-based software that manages business administration from service agreements to client invoicing, and more.

Loopio’s response software streamlines the way enterprises respond to RFPs, RFIs, and Security Questionnaires. Why dig through past proposals, chase subject-matter experts, and spend hours updating old content when Loopio can help automate this for you.

GoTo Connect’s platform includes our award-winning, best-in-class products such as our UCaaS solution and phone system, customer engagement tools and multiple contact center capabilities along with powerful add-ons and integrations with your critical business apps such as MS Teams, Salesforce, Zendesk and Gmail. For over two decades, we’ve helped tens of thousands of companies grow their business by offering: • An award-winning cloud phone system with hundreds of enterprise-grade features (minus the enterprise price tag) • AI-powered contact center and customer engagement tools • Super simple setup, with an admin system that’s remarkably easy to manage • A unique visual dial plan editor, softphone functionality and advanced reporting • 99.999% uptime and best-in-class 24/7 customer service

Comprehensive set of service and lifecycle products designed to improve service levels and productivity, deliver standardization and align IT.

Cvent provides easy-to-use, integrated technology solutions to maximize the impact of meetings and events of all sizes.

Computer Guidance Corporation is a software developer of Financial Accounting and Project Management software to the contruction Industry.