Better RFP Responses & Management
Term:  Request for Proposal (RFP)

Term: Request for Proposal (RFP)

A procurement tool used to request, well, proposals from interested bidders. Its acronym—RFP, pronounced by spelling it out—is often used (confusingly) to refer not to the request but to the proposal responding to that request; for example, people say that they wrote an RFP when they did no such thing. Although context often makes the meaning clear, this conflation of terms is bad practice and should be avoided.