Businesses issue requests for proposals

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Businesses issue requests for proposals that present the specifications for major purchases of goods and certain services. Potential suppliers prepare proposal reports telling how they can meet that need. Most governmental and nonprofit agencies issue calls for bids (CFBs). Those preparing a proposal should create a convincing document that will lead to obtaining a contract. It is a written description of how one organization can meet the needs of another.

Reference no: EM133615682

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