RFQ, RFP, and Bid Explanation

NHLB uses different procurement methods depending on the type of service, project, and selection process.

Request for Qualifications (RFQ)
An RFQ is generally used to identify qualified firms or professionals based primarily on their experience, credentials, capacity, and demonstrated ability to perform a particular type of service. NHLB may use RFQs to establish a pool of qualified firms for future assignments or to select qualified professionals for a particular need. An RFQ generally focuses on who is qualified to perform the work, rather than requiring respondents to develop a detailed solution for a specific project.

Request for Proposals (RFP)
An RFP is generally used when NHLB has identified a specific project, need, or scope of work and wants respondents to propose how they would perform the work. Proposals may include a technical approach, work plan, schedule, team, deliverables, fees, or other information identified in the RFP. NHLB evaluates proposals using the criteria established for that particular solicitation.

Invitation to Bid (Bid)
A bid is generally used when the work, specifications, and requirements are sufficiently defined for firms or contractors to compete primarily on price and responsiveness to the stated requirements. Bids are most commonly associated with construction, materials, equipment, or other clearly specified work. Award is made in accordance with the requirements and selection method stated in the bid documents.