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The Bid Lab is dedicated to empowering you through all aspects of the bidding process by providing comprehensive educational content pieces to answer your most pressing questions.

5 Tips and Tools for Creating Amazing RFP Responses

An amazing RFP response can provide additional revenue streams for your business. Are you an expert in your field? Do you know your organization is ready to provide an expert-level product? If so, the world of Request for Proposals (RFPs) is a lucrative ecosystem you can’t afford to ignore. But in this bustling, competitive world…

IFBs and RFPs Explained

With so many initialisms in the bidding process, it can be difficult to differentiate exactly the purpose of each proposal type. There are RFPs, IFBs, RFQs, RFIs and myriad other varieties of requests and invitations. Each path offers its own benefits, as well as drawbacks, depending on your organization’s needs and goals. Two (2) of…

How Do I Write a Scope of Work for an RFP?

A Scope of Work (SOW) is a fundamental piece of a Request for Proposal (RFP) and describes what the company is looking to achieve as a result of the RFP. The SOW helps ensure that the product or service meets the company’s needs and establishes the parameters of what could be included in the resulting contract. It…

What to Include in Your RFP Cover Letter

You never get a second chance to make a first impression. The same is true when responding to Request for Proposal (RFP) opportunities. A successful RFP response establishes its tone immediately through a well-thought-out cover letter that provides a concise overview detailing to the reader exactly why your organization is best-suited to meet the issuer’s…

Finding New York RFPs and Bidding in New York

Anything can happen in a New York minute, including finding the perfect New York RFP opportunity to help your business reach new heights. Whether your organization is New York-based, or simply determined to penetrate the world’s 12th-largest economy, winning a bid proposal in New York is no easy feat. The competition in the City and…

How to Find and Source RFPs

Finding the right Request for Proposal (RFP) can mark a major turning point for your business or organization. Billions of dollars in contracts are awarded each year through the RFP process, but in such a competitive landscape, it can be difficult to know where to begin one’s search. At The Bid Lab, we’re experts in identifying RFPs that strategically align with our clients’ business goals. If you are trying to find and source RFPs for your organization, here are several tips we’re happy to share.

What Makes a Perfect RFP Writer?

The Request for Proposal (RFP) process – or how organizations source, evaluate, and acquire goods and services – used to be a pretty archaic ordeal. Think binders slowly making their way through the mail, typewriters bleeding ink, and warehouses full of questionnaires piled as high as the eye can see.

Where Can I Find an RFP?

Responding to RFPs can be a rewarding and lucrative choice for your business; but, before you can respond to one, you need to know where to find them! In our latest blog post, we cover the ins and outs of finding public and private RFP opportunities.