What is a Pricing Section?
Definition
RFP section requesting detailed cost breakdown including licensing models, implementation fees, training costs, support tiers, customization charges, and renewal rates. Pricing sections require transparency on all costs for accurate total cost of ownership calculation and budget planning."
Why This Matters
Comprehensive pricing disclosure reveals total costs. Request inclusive pricing covering licensing, implementation, training, support, and customization to avoid surprises. Hidden fees and escalation clauses should be identified upfront.
Related Terms
Showing semantically related terms from our RFP knowledge graph. Priority connections are highlighted.
Essential Connections
Total Cost of Ownership
Pricing & Total Cost
The complete cost of software including licensing fees, implementation costs, training expenses, data migration, ongoing support, customization, infrastructure, and maintenance over 3-5 years.
Licensing Model
Pricing & Total Cost
Software pricing structure including per-user, per-feature, tiered, usage-based, or flat-rate pricing.
Subscription Pricing
Pricing & Total Cost
Recurring payment model for software access charged monthly or annually per user, feature tier, or organization.
Implementation Costs
Pricing & Total Cost
One-time expenses for deploying software including project management, configuration, customization, data migration, integration development, and training.
Vendor Response
RFP Fundamentals
Formal submission from vendors answering all RFP questions with documentation, certifications, pricing, references, and supporting materials.
Evaluation Criteria
Vendor Management & Evaluation
Standardized requirements used to assess and compare software vendors including product capabilities, security certifications, implementation methodology, support SLAs, and pricing structure.
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Related RFP Templates
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