What is the difference between a RFP and RFI?
Requests for Proposals (RFP) will be submitted as definitive requirements for portions of the project as identified. These requests will be related to the procurement of services and or products required to implement the project. Requests for Information (RFI) will be submitted from time to time to gain information related to certain sorts of services and products for which RFP’s may ultimately be released. The purpose of the RFI’s will be for identification of vendors who can meet certain requirements for delivery of formal services and products.
Related Questions
- Can a vendor reduce selling costs prior to a library RFP/RFI being issued, perhaps even by eliminating the need for a competitive bid situation or the need to offer sales discounts?
- What is the difference between sealed bidding (RFP) and online reverse auction bidding?
- Wheres the best place to hear about new RFI/RFP/ITTs?
