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RFI

Request for Information
A variation of a request for proposal (RFP) used to determine what products and services are potentially available in the marketplace to meet a buyer's needs. RFI's are commonly used on major procurements, where a requirement could potentially be met through several alternate means. An RFI, however, is not an invitation to bid, is not binding on either the buyer or sellers, and may or may not lead to an RFP or RFQ. An RFI normally follows a format that can be used for comparative purposes.
See also: RFP, RFQ
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