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Request for Information (RFI)

An RFI (request for information) is a formal process for gathering information from potential Service Providers of a good or service. RFIs are intended to be written by Shippers and sent to potential Service Providers. An RFI is typically the first and most broad series of requests intended to narrow down a list of potential vendor candidates. RFIs can be very useful in situations where an organization has little knowledge on possible vendors and wants to reduce the time and cost of evaluating vendors. Disclaimer Our content is not in any way legal advice or binding. The information provided by might not be the official legal or full definition. Also when pursuing a specific transaction you are encouraged to conduct your own due diligence and to consult legal counsel as appropriate.

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