RFI Services
A comparative analysis of services and fees across the market.
| Length | 94 words |
| FAQs | 6 |
| Reading time | 1 min |
The RFI Process
An organization uses an RFI process to gather general information on the market, services, and fees.
Typically, the sponsor will increase the pool of candidate firms to give a wider representation of the market.
We generally include 20 to 25 questions in the RFI so the client gets a better understanding of each firm: its basic services, philosophy, and differentiating services.
An RFI does not include enough information for the sponsor to make a change in the service provider. It provides enough to know whether to go to the next step.
“We were extremely pleased with the process, results, and the ease of the project. Culpepper RFP was on time with the agreed timeline.”
Frequently Asked Questions
Is this meant for someone like me in HR or Finance, or is it really for advisors and attorneys?
If you are the person carrying the responsibility for benefits decisions inside the organization, this will feel familiar. Culpepper RFP supports HR and finance leaders, ERISA counsel, and committees, because the pressure and the risk often land on your desk either way.
What would you actually take off my plate?
Culpepper RFP manages the RFP process itself, so you are not piecing together vendor comparisons, chasing information, and trying to document everything between your day-to-day responsibilities. You are still involved in direction and fiduciary decisions, but the heavy lift of gathering, organizing, and evaluating is handled through our documented process.
How much time is this going to take from me and my team?
Our services are designed to reduce the time executives and internal teams spend managing details. Expect some upfront coordination and a few check-ins along the way. The goal is that you are not carrying weeks of follow-up, tracking, and evaluation work on top of everything else.
RFPs can get political. Does this make it harder?
That is a real concern. Our services are positioned as an independent third-party evaluation process, which can lower the temperature and keep the focus on documented criteria instead of internal pressure or preference. It will not erase politics, but it gives you a clear, neutral structure to point back to.
Do I need to already understand fees and benchmarking to get value from this?
No. Our evaluation processes support people who are accountable for the outcome, even if the technical details are not your daily focus. We can also help you evaluate whether going to an RFP is even necessary.
How do I know whether I need a full RFP, an RFI, or just a benchmarking audit?
You are not alone in asking. Before you sign up we review your objectives and discuss the most cost-effective and time-effective solution. Our services include fee and service benchmarking, RFI evaluation, and full RFP evaluations, so the approach can match the situation instead of defaulting to the most intensive option.
Schedule a Call
- Phone
- (203) 952-3776
- Hours
- Monday–Friday, 8 am–6 pm
- Schedule
- calendly.com/jgepfert
