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Request for Information (RFI)

Request for Information (RFI) is a formal document or inquiry issued by a potential client seeking details about chatlyn's products, services, or capabilities. RFIs typically outline specific requirements or questions that the client wants addressed to help them evaluate whether chatlyn can meet their needs. It serves as an initial step in the procurement process, allowing clients to gather information and make informed decisions before proceeding with further discussions or negotiations.

What is the purpose of a Request for Information (RFI)?

The purpose of an RFI is to gather information about a vendor's products, services, or capabilities to assess their suitability for meeting the requester's needs without committing to a specific contract.

How does a Request for Information (RFI) differ from a Request for Proposal (RFP)?

RFIs are used to gather information and understand vendors' capabilities, whereas RFPs are formal documents soliciting detailed proposals outlining how vendors would meet specific project requirements, including pricing and implementation plans.

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