ASU Share The Budget or Not.pdf

The document discusses the importance of sharing project budgets in requests for proposals (RFPs) or solicitations. It highlights the benefits of sharing the actual budget rather than keeping it hidden, emphasizing that sharing the budget can lead to better outcomes in the selection process. The document addresses common fears associated with sharing budgets, such as vendors raising prices, and provides insights on how sharing budgets can actually help in minimizing risks and maximizing value. It outlines the advantages and disadvantages of sharing versus not sharing budgets, focusing on how high-performing proponents can provide valuable expertise and cost-saving ideas when the budget is transparent. Overall, the document recommends sharing project budgets as a best practice to optimize purchasing practices and become a client of choice.