An RFP (Request for Proposal) Format is a document utilized by companies in order to solicit services or products from other businesses. It includes specific instructions on how to submit an offer, along with the company’s expectations, timeline and other key details. The goal of the RFP Format is to streamline the procurement process by ensuring that each potential vendor understands the same basic requirements. By using it, companies can make sure they receive comprehensive, accurate proposals that accurately reflect their needs and preferences.