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A request for proposal , sometimes called an RFP or RFQ for "request for quotation," is a document a company issues when it wants to buy a product and it wants to make its specifications available to the public. This is usually the case when several companies will bid on the work or job and it invites more competitive prices. But your effort might produce bids that are a waste of your time, or worse, no bids at all, if you don't prepare the RFP correctly.
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