- That which is proposed, or propounded for consideration
or acceptance; a scheme or design; terms or conditions proposed; offer;
as, to make proposals for a treaty of peace; to offer proposals for
erecting a building; to make proposals of marriage. - The offer by a party of what he has in view as to an
intended business transaction, which, with acceptance, constitutes a
contract.
Request for proposal (RFP) Request for proposal (RFP) is a document an organization sends to a vendor inviting the vendor to submit a bid for a product or service.
Proposal solicitation Proposal solicitation is a stage of the business buying process in which the buyer invites qualified suppliers to submit proposals. In response, some suppliers will...
Request for Proposal (REP) Request for proposal (REP) describes the responsibilities to be outsources and invites potential providers to present their proposal for carrying out the job.