The acronym RFI stands for Request For Information and is used in tenders for corporate travel contracts.

During the initial stages of the procurement process, an RFI is used to collate information on potential suppliers and their products & services before proceeding with the next steps, typically an RFP or ITT.

By requesting information, potential suppliers can offer top-level information such as technical capabilities, financial status or quality controls. This will render them in or out of criteria to fulfil the organisation’s business travel requirements at the first stage of the procurement process.

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About the Author:

Maddy is Click Travel’s Content Manager and is responsible for all of our digital and print content, packaging up and presenting the wealth of expertise at Click in a way that works for you.