All of sudden one day, Dante had a brilliant idea for how to save his company thousands of dollars through a different approach to its maintenance of record. Given his situation, which type of proposal should Dante develop?

Question

Business

Scott Campbell

9 June, 21:22

All of sudden one day, Dante had a brilliant idea for how to save his company thousands of dollars through a different approach to its maintenance of record. Given his situation, which type of proposal should Dante develop?

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Answers (1)

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Maynard · Answer 1

Unsolicited Proposal

Explanation:

A solicited proposal is a proposal that is submitted as a response to a Written Request for Proposals (RFPs). A solicitied Proposal that is written an submitted is a formal solicited proposal while a verbal proposal in response to a request is called an informal solicited proposal.

An unsolicited proposal is a proposal submitted without being requested for, unsolicited proposals are submitted by parties who believe that taking certain actions would better a current process and would like to have the idea looked into.

Dante's brillian idea to save the company where is works, thousands of dollars is unsolicited since the company has made no written request for proposals to better the process of record maintenance.

Other forms of Proposal

Apart from the Solicited Proposal (Formal and Informal) and the Unsolicited Proposal, other types include:

1. Continuation. - this represents proposal for the continuation of a mult-year award or for the next phase of an already started project.

2. Renewal. - this is also called a ompeting continuation and it is a request for continued funding of a project for which the funding or project period is about to terminate.

3. Supplemental - A supplemental proposal asks for an increase in support for a proposal that has already been funded