Reject RFP

Rejecting an Awarded RFP

If you are unable to accept an awarded RFP due to timeline conflicts, scope issues, internal capacity, or any other reason, you may reject the RFP directly within the PARCEL platform. Rejecting an RFP formally informs the lender that your firm will not be moving forward with the assignment.

Steps to Reject an RFP

1. Log in to PARCEL and go to the Direct Awards and Bids dashboard.

2. Click the Awaiting Acceptance tab to view awarded bids requiring a decision.

3. Locate the relevant project in the list and click the ACCEPT button dropdown, then select the project to view full details.

4. On the RFP page, click the Reject RFP button located near the top of the screen under the “Congratulations” message.

Rejecting the RFP will immediately notify the lender that you will not be accepting the assignment. The RFP will no longer appear in your "Awaiting Acceptance" list.

Important Notes

• If an Engagement Letter is present, rejecting the RFP will also reject the engagement terms.

• Once rejected, you will not be able to re-accept the assignment unless the lender reissues the award.

• No further communication is required unless additional clarification is needed by the lender.

After Rejection

Rejected projects will no longer appear in your “Awaiting Acceptance” tab. You can track rejected bids under the Rejected & Lost tab if follow-up is needed.