A Request for Information (RFI) is a formal process used by organizations to gather information about products, services, or suppliers. It helps businesses understand the options available in the market before making decisions. An RFI typically includes questions that allow vendors to provide details about their offerings, capabilities, and experience. Organizations often issue an RFI when they are considering a new project or solution, such as software or construction services. This process helps them evaluate potential partners and make informed choices. The information collected can guide further steps, such as issuing a Request for Proposal (RFP) or Request for Quotation (RFQ).