Glossary · Sales & procurement
RFP (Request for Proposal)
A structured solicitation document used by buyers to request comparable proposals from multiple PEOs.
A PEO Request for Proposal (RFP) standardizes the data and questions that go to each prospective PEO so the resulting quotes are comparable. Typical RFP contents include census, current benefits, claims history, organizational details, and a question battery on services, technology, and pricing.
Well-structured RFPs dramatically reduce quote turnaround and produce decision-grade comparisons. Entravia's application is purpose-built to capture RFP-grade inputs in a single intake.
Related terms
- Loss RunsA claims-history report from an insurance carrier listing past claims, payouts, and reserves — required for accurate PEO and workers' comp quoting.
- PEPM (Per Employee Per Month)A pricing model in which a PEO charges a fixed monthly administrative fee per worksite employee, separate from pass-through costs like benefits and taxes.
- Pass-Through PricingA PEO billing approach where statutory taxes, benefits premiums, and workers' comp are billed at cost, separate from the administrative fee.
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