This non-authoritative EBPAQC tool assists firms in responding to a Request for Proposal (RFP) to provide employee benefit plan audit services. It provides tips for gathering adequate information to prepare an effective proposal for the best chance for a successful outcome and avoid submission of a proposal that does not impress the potential client. It also helps you identify entities you do not want as clients. This tool discusses:
The entire proposal process, including receiving the RFP
Initial assessment
Preliminary investigation
Reassessment
Drafting the proposal
Presenting the proposal
Follow-up
The tool also provides tips for developing an EBP engagement proposal.