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REQUEST FOR PROPOSALS (RFP) Page 1 of 29 Subject:AUDIT OF FINANCIAL STATEMENTS For further details, please refer to the Statement of Work attached as Annex A of this document. Issue Date: February

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Understand the requirements of the project or services needed.

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Research and identify potential vendors or service providers.

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Create a detailed request for proposals document outlining the project scope, timeline, budget, and evaluation criteria.

04

Distribute the request for proposals to identified vendors or service providers.

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Review and evaluate the proposals received based on the predetermined criteria.

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What is request for proposals?

A request for proposals is a document that solicits proposals from potential vendors for a project or service.

Who is required to file request for proposals?

Typically, project managers or procurement officers are responsible for filing request for proposals.

How to fill out request for proposals?

To fill out a request for proposals, one must provide information about the project requirements, evaluation criteria, and submission instructions.

What is the purpose of request for proposals?

The purpose of request for proposals is to allow vendors to submit competitive proposals to win a contract for a project or service.

What information must be reported on request for proposals?

Information such as project requirements, evaluation criteria, submission instructions, and deadline must be reported on request for proposals.

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