request for association
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A Request for association (RFA) or request for collaboration, also called, though less frequently (see below) request for partnership, request for partner or request for alliance, is a commercial document issued by a party which demands association to another party. This request may be specific, with the addressee stated within, or unspecific, open to anyone interested in association.


Characteristics

The proposed association usually has business (for example a
joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership Equity sharing is another name for shared ownership or ''co-ownership (disambiguation), co-ownership''. It takes one property, ...
) or
voluntary sector The voluntary sector, independent sector, or civic sector is the duty of social activity undertaken by organization An organization, or organisation ( Commonwealth English; see spelling differences), is an entity – such as a company, a ...
purposes. Being on a less formal level than a
letter of intent A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement, term sheet ...
, a RFA is typically not legally binding. Instead of describing in detail the specifications of a product (as a
request for quotation A request for quotation (RfQ) is a business process in which a company or public entity requests a quote from a Distributor (business), supplier for the purchase of specific Product (business), products or Service (economics), services. RfQ general ...
does), a RFA focuses on mutual benefits that both parties would obtain from their alliance: "...engages the potential sponsor in thinking about how your project could help his or her own larger goals." One of the parties may provide ideas, experience or raw materials, whilst the other one may provide money, machines or workers.


See also

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Request for quotation A request for quotation (RfQ) is a business process in which a company or public entity requests a quote from a Distributor (business), supplier for the purchase of specific Product (business), products or Service (economics), services. RfQ general ...
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Request for information A request for information (RFI) is a common business Business is the activity of making one's living or making money by producing or buying and selling products (such as goods and services). Simply put, it is "any activity or enterprise ent ...
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Request for proposal A request for proposal (RFP) is a document that solicits proposal, often made through a bidding Bidding is an offer (often competitive) to set a price tag by an individual or business for a product or service ''or'' a demand that something b ...
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Request for solution A request for solution (RFS, also known as ''request for proposed solution'') is a commercial document that describes a technological or organizational situation and demands a solution (for example, a new arrangement of information technology, IT) ...


References

{{Procurement requests Procurement Business terms