Document background
The Request for Proposal (Finance) is a crucial document used when organizations in Denmark seek to procure financial services, solutions, or products through a formal competitive bidding process. This document type is particularly important in the Danish market where financial services must comply with both national regulations and EU directives. The RFP is structured to ensure transparency and fair competition while meeting the requirements of Danish financial regulations, including the Financial Business Act and Public Procurement Act. It typically includes detailed specifications of required services, compliance requirements, evaluation criteria, and submission guidelines. Organizations use this document when seeking complex financial services, system implementations, or strategic financial partnerships where a formal evaluation process is necessary.
