The Private Sector encompasses all economic activities that are not under government control or management, including businesses, individuals, and organizations that operate for profit.
The public sector refers to the portion of the economy that is controlled and operated by the government at various levels, encompassing federal, state, and local authorities. This segment includes government-owned or operated institutions like public schools, libraries, courthouses, public housing, and subsidized rental properties.
A Request for Proposal (RFP) is a document that solicits proposal, often through a bidding process, by an organization interested in procurement of a commodity, service, or valuable asset. The RFP process is intended to identify the best offerings and providers.
