Examples Of Solicitation Documents
Description
How to fill out Schedule 14D-9 - Solicitation - Recommendation Statement?
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FAQ
?Solicitation? is the general term given to documents that are used to formally advertise a requirement and invite vendors to respond with bids or proposals, or to qualify vendors for a second stage of the bid process.
The solicitation document may be a request for proposal (RFP), ?request for quotation? or ?invitation for bid.? (See the glossary for more details.) The solicitation document is the formal, official and public solicitation, one which may lay out specific legal and performance obligations for your jurisdiction.
Solicitation documents are prepared from a template called standard bidding or tender documents, and information specific to the particular requirement, such as observed below, is used to complete the solicitation documents.
Request for Proposal: A request for proposal (sometimes known as a ?RFP?) is used to solicit proposals from potential contractors for goods and services. Unlike the invitation to bid, price is usually not a primary evaluation factor when a RFP is used.
This document should include all of the information necessary for potential bidders to prepare their proposals, including deadlines, evaluation criteria, and any special requirements or instructions. After the solicitation document has been created, it should be distributed to potential bidders.