Abbreviations
RFP
Request for proposal: a formal invitation for suppliers to bid for a piece of work. An RFI, request for information, is the earlier, lighter step.
You'll hear it as
We've had an RFP from a bank, due in three weeks.
Also called RFI.
Related terms.
Videos.
No video mentions RFP by name yet. These are on the same topic, Business & startups.