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RESERVE BANK OF MALAWI Request for Proposals Document for the Business Process ReengineeringSubject of ProcurementBusiness Process ReengineeringProcurement Reference Number RBM/HR/001/15Basis of Selections
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RFP stands for Request for Proposal, which is a document issued by a company to solicit bids from potential vendors for a business process.
Companies or organizations looking to outsource a specific business process typically file an RFP.
To fill out an RFP for a business process, companies need to provide details about the project scope, requirements, evaluation criteria, and timelines.
The purpose of an RFP for a business process is to gather competitive proposals from vendors and select the best one based on various factors.
Information such as project details, scope of work, evaluation criteria, timeline, budget, and contact information must be reported in an RFP for a business process.
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