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OF THE ILLINOIS STATE TREASURERMICHAEL W. FRERICHSRequest for Proposals Treasury Management Solution: Investments and Banking (TMS) 37060021005 January 6, 2021, Proposals due by 2:00 p.m. CT on March
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A request for proposal is a document used to solicit bids from potential vendors or contractors for a project.
Any entity or organization looking to hire a vendor or contractor for a specific project may be required to file a request for proposal.
To fill out a request for proposal, you typically need to outline the project requirements, evaluation criteria, and submission instructions for potential vendors.
The purpose of a request for proposal is to gather competitive bids from potential vendors or contractors to ensure the best value for a project.
Information such as project specifications, desired deliverables, evaluation criteria, submission instructions, and timeline may be required on a request for proposal.
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