Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Suzanne is a content marketer, writer, and ...

A Request for Proposal (RFP) is the process by which a corporate department or government agency prepares bid documents to acquire equipment or services. RFPs are frequently published in the legal ...

A request for proposal (RFP) is a formal process by which companies or organizations solicit bids from potential vendors to determine the best solution for their needs. The RFP process is often used ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Oftentimes, in-house counsels or legal departments are constrained to look for external lawyers and firms to work on certain cases. A common practice would be to write a request for proposal or RFP.