06/03/2026
Acronym of the Week: RFP
Last week, we covered RFIs (Request for Information) as the first step in the site selection process—when companies are gathering general details about potential locations.
This week, we’re taking it a step further with RFPs.
An RFP (Request for Proposal) comes later in the process, when a company is narrowing down locations and requesting detailed, competitive proposals from communities.
This is where communities highlight specific sites, incentives, workforce, and infrastructure to show why they’re the best fit for a project.
It’s a critical step in competing for new business investment.