What is RFP status?

Active -The planner has finished creating an RFP. Awaiting Proposal – The supplier hasn’t responded yet. Awaiting Proposal [Not Submitted] – The supplier has started a proposal. Awaiting Proposal [In Progress] – The supplier has assigned the proposal or alerted the planner that they’re hard at work.

Why does a venue require an F&B minimum?

In order to protect this revenue stream, most hotels include a minimum food and beverage spend in their contracts. This is simply the minimum amount of catered food and beverage that you’re required to spend during your meeting.

What is the difference between an RFP response due date and decision date?

What is the difference between an RFP’s response due date and the decision date? The response due date is when the planner wants proposals from all the venues, the decision date is when the planner will award the winning bid.

Why do companies send out requests for proposals Rfps?

A request for proposal (RFP) is an open request for bids to complete a new project proposed by the company or other organization that issues it. It is meant to open up competition and to encourage a variety of alternative proposals that might be considered by the project’s planners.

Why would a planner use the Cvent Destination Guide?

The Cvent Destination Guide is an informational resource planners use to compare detailed information about meeting destinations across the globe. It is the first and only resource specifically dedicated to hosting information relevant to meeting planning in a city.

How do I turn down RFP in Cvent?

Open the RFP by clicking its name. Click the Retract Turn Down button at the top, then confirm by clicking Retract Turn Down again. Now you can create a proposal.

What comes after request for proposal?

An RFQ is often issued after an RFP, but can also be issued on its own for goods and services that are particularly standardized. The acronym RFX is often used as shorthand to indicate a Request For “Something,” be it a proposal, information, a quotation, or something else.