Legal Definitions - RFP

Definition: RFP stands for Request for Production. It is a document that a company or organization sends to potential vendors or suppliers to request information about their products or services.

For example, if a company is looking to purchase new software for their business, they may send out an RFP to software companies asking for information about their products, pricing, and support services.

Another example could be a construction company sending out an RFP to different suppliers for materials needed for a project, such as lumber or concrete.

These examples illustrate how an RFP is used to gather information from potential vendors or suppliers in order to make an informed decision about which products or services to purchase.