Request for Proposal
Request for Proposal (RFP) definition. Learn how owners solicit detailed bids including price, schedule, and team qualifications.
Calculation Formula
Proposal = Technical Solution + Fee + Schedule + Experience Real Contractor Example
A city issues an RFP for a new community center. Contractors must submit not just a price, but their proposed design and construction timeline.
Put This Into Practice
Knowing the definition is step one. RemodelFin tracks this in real time on every job — no spreadsheets.