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Sab9_#141_Procurement_Documents
- Request for proposal ( RFP, sometimes called request for tender )
- RFPs request a detailed proposal on how the work will be
accomplished, who will do it, résumés, company experience,
price, etc.
- Type of contract: CR(Cost reimbursable)
- RFPs request a detailed proposal on how the work will be
accomplished, who will do it, résumés, company experience,
price, etc.
- Invitation for bid ( IFB, or request for bid, RFB )
- IFBs usually just request a total price to do all the work
- Type of contract : FP (Fixed Price)
- IFBs usually just request a total price to do all the work
- Request for quotation ( RFQ )
- RFQs request a price quote per item, hour, meter,
or other unit of measure.
- Type of contract : T&M(Time and Materials)
- RFQs request a price quote per item, hour, meter,
or other unit of measure.
- Request for Information(RFI)
- As one of the types of procurement documents, but in reality,it
does not belong in this category. A procurement document is an
attempt to procure something, while and RFI is simply looking for
Information.
- As one of the types of procurement documents, but in reality,it
does not belong in this category. A procurement document is an
attempt to procure something, while and RFI is simply looking for
Information.
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