Requests for Proposals & Requests for Interest
Requests for Proposals (RFPs) and Requests for Interest (RFIs) are typically used when the award of a contract will be based on factors other than price alone.
RFPs and RFIs will allow businesses and government contracting officials to bargain over contract details before a contract is awarded. The government official is looking for the proposal that provides the best value, price and other factors considered. For this reason the lowest price submitted does not necessarily lead to the award of a contract.
The RFP and RFI processes are very similar, with the RFP process used to identify providers with the required qualifications to meet the needs of a broad variety of clients. The RFI process is used to identify providers uniquely qualified to serve the needs of specifically identified clients.