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Request for Information (RFI)
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A Request for Information (RFI) is a standard business process to collect written information about the qualifications of a number of suppliers to provide identified services or products. The RFI acts as a formal inquiry to the marketplace in order to decide which suppliers are available in the marketplace. The information obtained through an RFI may be used in developing a subsequent purchase requisition, aRequest for Quote (RFQ), or a Request for Proposal (RFP). 

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