TS Today - Creating a Vision for the Future of Vacation Ownership Issue #142, Jul/Aug 2015 | Page 37

TimeSharing Today Page 37 component in the RFP process. The RFP must establish minimum criteria and prioritize desirable features that exceed the minimum standards. This could include SURGXFWVSHFL¿FDWLRQVGHOLYHU\GDWHVDFceptable payment terms, required prior experience, and anything else the procurers consider to be essential. Sharing the minimum requirements in the RFP should eliminate providers who can’t meet the minimum requirements. Beyond the minimum criteria and desirable features, ask suppliers to explain unique features of their offerings, such as patents or licenses to provide features that other suppliers can’t. Also include your requirements for receiving the RFP. When is it due, to whom should it be submitted, in what medium (on paper, on CDs, or via email), and in what format, such as a Microsoft Word document or Portable Document )RUPDW SGI ¿OH" Your RFP consultant’s services may include writing the RFP, or you may want to hire a freelance professional business writer. Whoever drafts the text, expect several meetings to discuss and revise it before the board of directors approves the ¿QDOYHUVLRQ Circulating the RFP Once the RFP is prepared, the procurer PXVWQRWLI\TXDOL¿HGVXSSOLHUVWKDWLWH[LVWV A single-page letter, postcard, or email to as many potential suppliers as possible can direct interested parties to the RFP. One strategy for managing this process is to offer the RFP for download from a Web site. Ask potential suppliers to provide basic contact information to obtain the RFP documents. This strategy offers the EHQH¿WRINQRZLQJKRZWRUHDFKDQ\SRtential bidder if the RFP needs a change RUFODUL¿FDWLRQ Further, such information might be desirable to follow up with potenti [