In the construction industry, you know time is money! Going through vague or incomplete Requests for Proposals (RFPs) can drain resources for everyone. A well-written RFP attracts qualified bidders and ensures a smooth-running project. According to OpenAsset, "teams using RFP software achieve a higher average proposal win rate (45%) compared to those not using software (41%)."
So, how do you turn your RFP into a winning one? Let's break it down.
The basis of any effective RFP is a detailed description of the project. This section should be clear, leaving no room for guesswork. Some components that should be included are:
Continue reading for more details.