What does FOB mean on an Request For Proposal?

Request for Proposal?

Get StartedA Request for Proposal, sometimes shortened to an RFP, is used to ask contracting companies to submit a bid or proposal for their services on a project. Companies typically use a Request for Proposal if they are requesting several bids and they want the proposals to follow a specific format. The first section of the request will define the details of the project itself and the expectations from the contractors. The second section defines the expectations of the proposals, the required information, and the due dates.This Request for Proposal will require the proposal submissions to include a contractor summary of their business, capabilities and methodology for completing the project, expected results, executives, staffing, and management required for completion, communication details, equipment needed, expense breakdown, expense summary, details of licensing and bonding if they have any, insurance details, and references.