A Request For Proposals is a tool used by municipalities whereby the merits of prospective bidders – I.e.: service providers with whom the municipality may choose to contract – are presented to the municipality.

The Request For Proposals is essentially a procurement document. It’s a, “Here is what we need… call-out. Pertaining to the municipality’s interest in vetting qualifications, skill sets and capabilities prospective respondents possess. Qualifications, skill sets and capabilities the municipality has deemed to be value-adding for the municipality at the time of the issuance of the Request For Proposals.

These are benefits the municipality has determined to be most effectively provided to the municipality through an outside vendor. Or, through outside vendors.

Hence, the issuance of the Request For Proposals.

Hence, the opportunity for service providers.Thinking About Becoming a Real Estate Developer?