A request for proposal, or RFP, is a business document that solicits bids from prospective vendors. A solid RFP provides all the information vendors need to bid for the project, including the ...

Nuts & Bolts: Requests for Proposal. What new plan advisers need to know about RFPs from plan sponsors. Reported by Natalie Lin. Securing a retirement plan advisory role often begins with an adviser ...

A request for proposal (RFP) is a formal process by which companies or organizations solicit bids from potential vendors to determine the best solution for their needs.