Request for proposals (RFP) and request for information (RFI) are both seeing less use these days. As vendors tighten their flexibility on contracting, the use of an RFP or, at least, an RFI, can create competition between and among vendors. Without that competition, vendors frequently conclude that they have the business and are far less inclined to be flexible on contract terms. The RFP can be one of the most important of those tools, writes John Defterios.”]
Source: https://www.csoonline.com/article/2136695/in-praise-of-rfps.html