With an RFP, the vendor quotes a price for the listed product(s).

Question

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An RFP (request for proposal) is a document that outlines the needs or requirements of a company or organization and solicits bids or proposals from potential vendors. It does not typically include a specific price quote or request for pricing. Instead, vendors are asked to provide detailed information about their products or services, along with an estimated cost. The company can then use this information to evaluate different proposals and choose the one that best meets their needs and budget.

With an RFP, the Vendor Quotes a Price for the Listed