What Is An RFP? Request For Proposal: Government Contracting 101
Josh 00:00:00 So, Nicolas, you know, these investor relations companies are working with these issuers and they're looking to get government contracts. And the question comes up, what is an RFP? Why don't you share? What the heck is an RFP?
Nicholas 00:00:14 Yeah. So government contracting 101 an RFP stands for request for proposal. This is when the government, whether it's federal, state or local government, issues a proposal because they need a request for something. So for example, they need a thousand pens and they want to know what is your proposal for those pens. Or they need consulting services and they issue an RFP request for proposal, basically saying, send us your proposal on what it would cost for these consulting services or these pens. So they issue a basically a synopsis of what they're looking for. And you respond with a proposal. Right? So a request for a proposal, you respond with a proposal. It's as simple as that.
Disclaimer: Joshua Wilson is a registered investment banking representative and a licensed real estate broker. The content of this podcast is for informational purposes only and should not be considered legal, financial, or compliance advice. This podcast is not a substitute for professional advice. All views and opinions expressed by the host and guests are their own and do not necessarily reflect the policies or positions of any regulatory agency, organization, or employer. Listeners are encouraged to consult their own compliance teams, legal counsel, or financial advisors to ensure adherence to applicable regulations, including SEC, FINRA, and other industry-specific requirements. This podcast does not constitute a solicitation or recommendation for any financial products or services.
Let's Connect On LinkedIn:
https://www.linkedin.com/in/joshuabrucewilson/
To Contact Us, Please Visit:
Nicholas Coriano
Partner at Cervitude IR
Nicholas Coriano, JD, is a business consultant, entrepreneur, and professional investor relations professional. He is the CEO of Cervitude Intelligent Relations (Cervitude IR), a consulting and contracting firm specializing in investor relations, government contracting, business planning and M&A advisory. With extensive experience in IR & business development, he has written thousands of RFPs, business plans, financial projections, and feasibility studies for startups, public companies, and entrepreneurs across various industries.