Attach detailed explanations and analysis as appendices. 1. Formal Proposals provide VHCF with detailed information on your proposed initiative.Discover what a bid proposal is, the elements of a bid proposal, how to create one and a template and example that can guide you. Follow the instructions in the Request for Proposal (RFP) carefully. Be sure you have reviewed the RFP and the Grants Manual before completing your proposal. Instantly draft and send a business proposal template to establish the terms and conditions between your business and clients. Download Virginia Business Proposal template, modify and send for signing using BoloForms Signature. Sample Funded Proposals. Many sponsors and agencies make successful proposals available to researchers.