How long does it take to go through the Station A marketplace RFP process?

Once data is collected, the RFP can be open for as little as 3-4 weeks, depending on expected provider interest. Buyers are expected to respond to any information requests during this period. Once the RFP is closed, Station A will present the quotes so that they can be easily compared on as much of an apples-to-apples basis as possible.

Sample Timeline

Event	Details	Timing
RFP Open	Request for Proposal (RFP), the open period when providers can evaluate a project and submit a bid	March 31 -> April 28
RFI Questions Due	Request for Information (RFI), refers to period of time where providers can ask questions of the project to the buyer	April 7
Final Proposal Due		April 28
RFP Quote Presentation	Station A's presentation of bids in an understandable and comparable format	May 5
3-Way Term Sheet Executed	Binding contract between the buyer, the provider(s) and Station A	May 19

How long does it take to go through the Station A marketplace RFP process?

The whole process from RFP to term sheet is estimated to take two months to complete.

Sample Timeline