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Solicited or unsolicited submission by one party to supply (or buy) certain goods or services to (or from) another. Unlike an offer, a proposal is not a promise or commitment but, if accepted by the other party, its proposer is expected to follow through and negotiate for the creation of a binding contract. If submitted in response to a request for proposals (RFP), it normally constitutes a bid.
There are six types of proposal:
Sources: http://www.businessdictionary.com/definition/proposal.html, https://www.process.st/project-proposal/
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