What is the RFI template?

An RFI is a request for information —a document that formalizes the collection of information on products, goods and services from existing or potential suppliers. The RFI comes from a customer and is sent to the supplier. ProjectManager's request for information template for Word.

What is RFI, RFP, and RFQ?

When companies buy goods, materials, or services, it's a key part of the procurement function. To help streamline procurement and sourcing processes, companies use a request for information (RFI), a request for quote (RFQ), and a request for proposal (RFP) .

Keep RFI responses brief but informative . Typically, one page (or less) should be enough to address each topic. Of course, there are always exceptions depending on just how much detail the prospect is seeking.

How detailed should an RFI be?

An RFI should not require the depth of detail in an RFQ or RFP , and should not be a time-intensive process for the supplier. A well-constructed RFI with an easy-to-follow template will garner more responses than a complex request.

What is RFI in simple words?

What is an RFI in business used for? A request for information in business is an organized and formal request for the information necessary to complete a purchase or fulfill a contract . They can be paper or electronic, but they're nearly always electronic documents in today's business world.

Does RFI include pricing?

They provide the opportunity for companies and suppliers to get to know each other better, and can help identify potential business opportunities. RFIs should include pricing information, as this is an important factor in negotiations. A key part of any RFI is being clear about what you are looking for.

Read the RFQ document carefully, provide the requested information, and answer questions as clearly as possible . Think about what the potential client needs and what's most important for them and tailor your responses to meet those needs. If you do this consistently, you're sure to get selected to bid on many projects.

What is the RFI document?

What is an RFI in business used for? A request for information in business is an organized and formal request for the information necessary to complete a purchase or fulfill a contract . They can be paper or electronic, but they're nearly always electronic documents in today's business world.

What does RFI stand for?

An RFI (request for information) is a formal process for gathering information from potential suppliers of a good or service. RFIs are intended to be written by customers and sent to potential suppliers.

What is the Amazon RFI form?

Any prospective offeror desiring an explanation or interpretation of the solicitation, drawings, specifications, etc., must request it in writing. Submit question to the Contracting Officer, at TELEFAX Telephone (510) 437-2793 or via email using this form.

RFI GOODS TEMPLATE WEBINAR - University of … · RFI GOODS TEMPLATE WEBINAR ... 2014 1 . Agenda • RFP/RFQ Goods Template Recap • Current RFI Goods Template ... default into every

RFI GOODS TEMPLATE WEBINAR JANUARY 16, 2014

Agenda

• RFP/RFQ Goods Template Recap

• Current RFI Goods Template

• RFI Goods Template Changes

• New RFI Goods Template Demo

• Support Resources

• Next Steps

8/20/2014 2 P200: RFI Goods Template

RFx Standardization Objectives

RFx Standardization

Create 4 new templates in Sourcing Director:

• Goods: RFP/RFQ, RFI • Services: RFP/RFQ, RFI

Obtain campus input Clean up existing RFx template to:

• Eliminate redundancy • Utilize the tool to best present bid

information • Move contract language to

contract template • Simplify overall process

8/20/2014 3 P200: RFI Goods Template

RFI/RFQ/RFP Definitions

REQUEST FOR INFORMATION (RFI): A solicitation document used to obtain general information about products, services or suppliers. It is an information request, not binding on either the supplier or the purchaser, and is often used prior to specific requisitions for items. REQUEST FOR QUOTATION (RFQ): A solicitation document used to obtain price quotes for a specified product or service. These are often a follow-up to an earlier request for information (RFI). REQUEST FOR PROPOSAL (RFP): A solicitation document used to obtain offers of price and proposed method of execution of a project.

8/20/2014 4 P200: RFI Goods Template

RFP/RFQ Goods Template: Recap

RFP/RFQ Goods Description is clean and concise, containing only the Purpose & Objectives and the Contact Term. Prerequisites page now defaults with 3 required prerequisites: Terms & Conditions, Required Supplier Information and Supplier Bidding Guide Documents removed from the template and added to the Library for Buyer selection. The Documents page now defaults blank. Note: Campus Profile and Evaluation Method documents are now required on every RFP/RFQ. Questions removed from the template and added to the Library for Buyer selection. The Questions page now defaults blank.

8/20/2014 5 P200: RFI Goods Template