Which of the following is a formal request for pricing, services, and plans?

Question

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An RFP (Request for Proposal) is a formal document issued by a company or organization requesting potential vendors to submit proposals for their goods, services, or solutions. It includes detailed information on the requirements, pricing, evaluation criteria, and terms and conditions. RFI (Request for Information) is a less formal request for basic information about potential vendors and their capabilities, while IFB (Invitation for Bid) is typically used for government procurement and requires vendors to submit their best bid for a specific project or product. Verbal quotes are not formal and may not provide sufficient documentation of the proposed pricing, services, and plans.

Which of the Following Is a Formal Request for Pricing