World Of Taxonomy
C17088Level 4

Request for Proposals

**Semantic type:** Governmental or Regulatory Activity

**Definition:** In a Request for Proposals (RFPs) the Government states work to be undertaken or a problem to be solved. Respondents compete for a common requirement open to all eligible offerors/bidders. Proposals are evaluated using technical and business evaluation criteria and generally involve negotiations. Bids are awarded to the bidder who is responsible and offers the lowest overall price. (from Acquisition Program)

**Synonyms:** - RFP

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