A Request for Proposal (RFP) is a document that announces a project, describes it, and solicits bids from registered vendors to complete it. "Responsive proposal." A proposal which conforms in all material respects to the requirements and criteria in the request for proposals. This Request for Proposals ("RFP") provides interested potential. If applicable, ask suppliers to submit the best and final offer. A request for proposals, or RFP, enables you to compile quotes from different suppliers who can deliver the products or services your company requires. This Request for Proposal (RFP) contains instructions governing the response to be submitted and the material to be included in the. One copy of the proposal is to be filled out and submitted with the bid and the remaining copy to be retained for the responder's records.