Companies spend 23 hours writing a response to a request for proposal (RFP) and contain 9 folks within the course of, on common, according to current analysis from Loopio.

The report was primarily based on information from a survey carried out in 2020 amongst 650+ folks concerned in responding to RFPs at organizations throughout North America.

Though the general common is 23 hours, the period of time spent writing an RFP response varies broadly amongst particular person corporations.

Over half of respondents say their firm spends 5-20 hours writing every RFP response, on common, about one-third say 21-50 hours, and fewer than 10% say greater than 50 hours:


Some 65% of respondents say fewer than 10 folks, on common, are concerned within the RFP response course of at their agency; one-third say greater than 10 individuals are concerned, on common.

The typical win fee varies broadly amongst corporations: 16% of corporations say they win fewer than 20% of the RFP bids they write, and 13% say they win greater than 80%:

In regards to the analysis: The report was primarily based on information from a survey carried out in 2020 amongst greater than 650 folks concerned in responding to RFPs at organizations throughout North America.