An RFP is a request for proposal sent to suppliers to bid on a specific product or service. The document outlines the RFP process and what information should be included in an RFP. It provides details on creating an RFP, including establishing selection criteria and a timeline. It also describes what information should be provided to vendors, such as the project background and requirements, and what should be requested from vendors in their proposals, like their solution, budget, and references. Finally, it gives an example RFP assignment for planning a fundraising dinner.