Request for Proposal

A request for proposal (abbreviated as RFP) is a method of solicitation in which suppliers are requested to provide details about the qualifications of their goods, services, and experience in relation to a given order or project. Details in an RFP can include strategy proposals, timeframes, and pricing for goods and services rendered. Once RFP responses are received from the solicited suppliers, a set of criteria is used to grade each proponent, with the highest scoring supplier being awarded with the contract. On Tradogram, flexible request templates allow one or more suppliers to be sent an RFP document, with a side-by-side comparison view available for evaluating reach response.