MLchartDataset catalogue

Request for proposal (RFP)

Term · Insurance and risk management · MLC-T-INS-002901

A formal document issued by an organization to solicit bids from potential vendors for a specific project, product, or service, such as insurance coverage. It outlines the project requirements, scope, evaluation criteria, and submission guidelines. Insurers or brokers respond to an RFP by submitting a detailed proposal outlining their offerings and pricing.

Table 1. Record
IdentifierMLC-T-INS-002901
FieldInsurance and risk management
AbbreviationRFP
Record as JSON 
{
  "id": "MLC-T-INS-002901",
  "term": "Request for proposal (RFP)",
  "field": "Insurance and risk management",
  "definition": "A formal document issued by an organization to solicit bids from potential vendors for a specific project, product, or service, such as insurance coverage. It outlines the project requirements, scope, evaluation criteria, and submission guidelines. Insurers or brokers respond to an RFP by submitting a detailed proposal outlining their offerings and pricing.",
  "abbreviation": "RFP",
  "url": "https://mlchart.com/terminology/insurance/request-for-proposal-rfp/"
}

Record 2,935 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.