Definition of doozy in the Definitions.net dictionary. Meaning of doozy. What does doozy mean? Information and translations of doozy in the most comprehensive dictionary definitions resource on the web.
Short for Request for Proposal, a document that an enterprise sends to a vendor inviting the vendor to submit a bid for hardware, software, services, or any combination of the three. An organization typically issues the RFP in order to assess competing bids. PREVIOUS. RFMON.
RFPs are publicly advertised and suppliers respond with a detailed proposal, not with only a price quotation. They provide for negotiations after sealed proposals are opened, and the award of contract may not necessarily go to the lowest bidder.