A system and method prepares and distributes structured Requests for Proposal (“RFPs”) to qualified vendors and collects proposals responsive to such RFPs, The system includes a tool, for creating Statements of Work (SOW) that are consistent with the RFP and with other SOWs. The vendors submit bids responding to the SOW in the RFP. The bids are organized into an easily reviewed summary having line by line comparisons of the various bids and detailed proposals, along with vendor compliance documents, compiled into a finished report.