An RFP (Request for Proposal) format is a document used by businesses seeking external vendors or services. It typically outlines the Scope of Work, Qualifications, Timeline and Evaluation Criteria a vendor must meet in order to be considered. By using an RFP format, businesses can more easily compare vendors and make well-informed decisions. The process also shows potential vendors that the business takes their proposal seriously and is dedicated to gathering the best possible solutions for their needs.