Sab9_#141_Procurement_Documents

Jou M
Mind Map by Jou M, updated more than 1 year ago
Jou M
Created by Jou M over 5 years ago
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Mind Map on Sab9_#141_Procurement_Documents, created by Jou M on 03/09/2016.

Resource summary

Sab9_#141_Procurement_Documents
  1. Request for proposal ( RFP, sometimes called request for tender )
    1. RFPs request a detailed proposal on how the work will be accomplished, who will do it, résumés, company experience, price, etc.
      1. Type of contract: CR(Cost reimbursable)
      2. Invitation for bid ( IFB, or request for bid, RFB )
        1. IFBs usually just request a total price to do all the work
          1. Type of contract : FP (Fixed Price)
          2. Request for quotation ( RFQ )
            1. RFQs request a price quote per item, hour, meter, or other unit of measure.
              1. Type of contract : T&M(Time and Materials)
              2. Request for Information(RFI)
                1. As one of the types of procurement documents, but in reality,it does not belong in this category. A procurement document is an attempt to procure something, while and RFI is simply looking for Information.
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