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Construction glossary
Construction Glossary •

Request for Information (RFI)

What is a Request for Information (RFI)?

A Request for Information (RFI) in the construction industry is a formal process through which a party involved in a construction project request details about a document or a process. It acts as a vital communication tool between multiple project parties such as the general contractor, subcontractor, and the design team. This is generally used to resolve information gaps, make decisions or track project changes. The main purpose of an RFI in construction is to eliminate any ambiguity, introduce a control mechanism, avoid unrealistic project expectations and ensure that all participants have a clear understanding of the project. It assists in minimizing project risks and avoids potential disputes related to design issues, cost overruns or schedule delays. It's an essential element in maintaining transparency, effective communication and collaboration within a construction project.

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Other construction terms

Long-Term Debt

What is Long-term Debt?

Long-term debt, in the context of the construction industry, refers to financial obligations that a construction firm or contractor needs to pay back over a period extending beyond one year. This coul...
Job Costing

What is Job Costing?

Job Costing, in the context of the construction industry, is a specific accounting methodology used to track costs and profitability associated with individual projects. It hinges on a project-by-proj...
Allowance

What is an Allowance?

An allowance, in the context of the construction industry, refers to a specific cost included in a contract to cover a particular item or work, the exact nature and cost of which are not yet determine...

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