Managed Security Service Provider (MSSP)
A managed security service provider (MSSP) provides outsourced monitoring and management of security devices and systems. Common services include managed firewall, intrusion detection, virtual private network, vulnerability scanning and anti-viral ...
Service Level Agreement (SLA)
A service level agreement (SLA) is a contract that establishes a set of deliverables that one party (the service provider) has agreed to provide another (the client). An SLA defines the level of service you can expect from a vendor, laying out the ...
Request for Quote (RFQ)
A Request for Quote (RFQ) is used to solicit bids for commercial goods and/or services from one or more suppliers. Because of its abbreviated nature, an RFQ may not contain all of the terms and conditions that are typically used to form a contract.
Request for Tender (RFT)
A Request for Tender (RFT) is a formal, structured bid solicitation for the supply of goods and for services. The majority of RFTs are published by the government sector, but companies in the infrastructure and utilities sectors may also publish ...
Request for Proposal (RFP)
A Request for Proposal (RFP) is a form of bid solicitation that is used when the bidder selection is based on best value, rather than on price alone. It is submitted early in the procurement cycle, either at the preliminary study or procurement ...