Updated April 2026

RFP Statistics 2026: 50+ Win Rates, Response Times & Benchmarks

The average RFP win rate is 45%, the average response time is 25 hours, and 68% of proposal teams now use AI. Below are 50+ citeable RFP statistics compiled from industry reports.

Alexander Georges
Alexander Georges
Founder & CEO, Bidara
|Updated April 2026|12 min read

Key RFP Statistics at a Glance

45%
Average Win Rate
25h
Avg Response Time
$256M
Avg Annual Revenue
153
Avg Annual RFPs

RFP Win Rate Statistics

Win rates vary significantly by company size, industry, and strategic approach. Here are the latest benchmarks:

Average RFP Win Rate by Company Size

  • Enterprise (5,000+ employees)47%
  • Mid-Market (500–4,999)45%
  • SMB (under 500)42%
  • Overall Average45%

Average RFP Win Rate by Region

  • United Kingdom46%
  • United States45%
  • Global Average45%

Source: 2025 RFP Trends Report

Average RFP Win Rate by Industry

Insurance
52%
Technology
46%
Healthcare
44%
Financial Services
43%
Government / Public
40%

Source: 2025 RFP Trends Report

Key Finding: The average RFP win rate increased from 43% in 2024 to 45% in 2025, representing the largest year-over-year improvement in the past five years. Top-performing teams report win rates of 60% or higher.

Source: 2025 RFP Trends Report

RFP Response Time Statistics

How long does it take to respond to an RFP? Here are the latest benchmarks by company size, industry, and methodology:

25 hours
Average time per proposal
↓ 17% from 30h in 2024
9.3 days
Average calendar days to complete
End-to-end turnaround
64%
Complete in under 10 days
↑ 5% from 2024
20 hours
SMB average response time
Fastest segment

Sources: 2025 RFP Statistics Report, QorusDocs Proposal Management Survey

Average RFP Response Time by Industry

Insurance
20 hours
Technology
25 hours
Healthcare
27 hours
Advertising
28 hours

Source: 2025 RFP Statistics Report

Content Reuse & Proposal Automation Savings

How much time can proposal automation save? Content reuse and automation are the biggest drivers of faster response times and lower costs.

Content Reuse Statistics

  • 66%of content is reused across proposals by teams with a content library
  • 40%more time spent writing from scratch by teams without a content library
  • 80%of top-performing teams maintain an active content library

Source: 2025 RFP Trends Report

Proposal Automation Time Savings

  • 40–60%average reduction in response time with proposal automation software
  • 3,000+hours saved per year for a team handling 153 RFPs (industry average)
  • 61%of organizations achieve ROI within 1 year of implementing RFP software

Source: 2025 RFP Benchmarks Report

Key Finding: Teams using AI-powered proposal software report reducing 25-hour responses to under 5 hours, a savings of approximately 20 hours per proposal. Content reuse is the single biggest driver of faster response times.

Source: 2025 RFP Benchmarks Report

RFP Revenue Impact Statistics

$256M
Average annual RFP-driven revenue

Organizations report that RFPs contribute an average of 39% of total company revenue, making proposal management a critical business function.

$725K
Average revenue lost to abandoned RFPs

About 20% of RFPs go unfinished annually, representing significant lost revenue opportunity for understaffed teams.

Source: 2025 RFP Trends Report

Average RFP Revenue by Industry

  • Healthcare$1.05 billion
  • Advertising & Publishing$499 million
  • Telecom$380 million
  • Technology$256 million

Source: 2025 RFP Trends Report

Federal Government Procurement Context

The federal government awarded $755 billion in contracts in FY 2024, with small businesses securing $176.4 billion (23.3% of total). The competitive award rate fell from 68% to 66% between FY 2022 and FY 2023, with DoD competition dropping from 58% to 53%.

These figures represent only federal procurement. State and local government purchasing adds hundreds of billions more annually, all driven by formal solicitation processes that require proposal responses.

Sources: GAO FY 2024 Contracting Dashboard, USASpending.gov

RFP Team Statistics

Average RFP Team Size

  • Enterprise14 people
  • Mid-Market9 people
  • SMB4 people
  • Overall Average8 people

Source: 2025 RFP Trends Report

Team Ownership Trends

  • Dedicated proposal team43%
  • Sales-led RFP process51%
  • Avg contributors per RFP9 people

Dedicated proposal teams decreased from 56% in 2023 to 43% in 2024. Source: 2025 RFP Statistics Report

RFP Software & AI Adoption Statistics

The Rise of AI in Proposal Management

68%
Teams using generative AI
↑ 100% from 34% in 2023
65%
Teams using RFP software
↑ 35% from 48% in 2024
32%
Daily AI users
Among AI adopters

Source: 2025 RFP Trends Report, 2025 RFP Benchmarks Report

Proposal Management Software Market

The global proposal management software market is valued at $3.26 billion in 2025, projected to reach $3.66 billion in 2026. Analysts project 11-18% CAGR through 2034, driven by AI integration and cloud adoption.

Sources: Fortune Business Insights, Research and Markets

Software Impact on Performance

  • 24% higher satisfaction with ability to respond to RFPs
  • 23% higher satisfaction with completion time
  • 22% higher satisfaction with proposal win rate
  • 61% achieve ROI within 1 year of implementation

Source: 2025 RFP Statistics Report, 2025 RFP Benchmarks Report

Frequently Asked Questions

What is the average RFP win rate?

The average RFP win rate is 45% as of 2025, up from 43% in 2024. Enterprise companies (5,000+ employees) average 47%, mid-market companies average 45%, and SMBs average 42%. Top-performing teams achieve win rates of 60% or higher by using dedicated proposal software, maintaining content libraries, and applying bid/no-bid qualification frameworks.

How long does it take to respond to an RFP?

The average time to respond to an RFP is 25 hours, down 17% from 30 hours in 2024. SMBs are fastest at 20 hours, while enterprise teams average 30+ hours due to more stakeholders and compliance requirements. 64% of teams complete responses in under 10 days. Teams using proposal automation software reduce this to under 5 hours.

How much time can proposal automation save?

Proposal automation saves an average of 40–60% of response time. Teams using AI-powered proposal software report reducing 25-hour responses to under 5 hours, a savings of approximately 20 hours per proposal. For a team handling 153 RFPs per year (the industry average), that equals over 3,000 hours saved annually, or roughly 1.5 full-time employees.

What is the average RFP content reuse rate?

The average RFP content reuse rate is 60–80% for teams with an active content library. Organizations with a content library reuse 66% of content across proposals on average. Teams without a content library spend 40% more time writing responses from scratch. Content reuse is the single biggest driver of faster response times and is strongly correlated with higher win rates.

How much revenue do RFPs generate?

RFPs generate an average of $256 million in annual revenue per organization, representing 39% of total company revenue. Healthcare organizations report the highest at $1.05 billion, followed by advertising at $499 million and telecom at $380 million. About 20% of RFPs go unfinished each year, representing approximately $725,000 in lost revenue per organization.

What percentage of proposal teams use AI?

68% of proposal teams now use generative AI, doubled from 34% in 2023. Among AI adopters, 32% use it daily. 65% of teams use dedicated RFP software (up from 48% in 2024). Teams using RFP software report 24% higher satisfaction with their ability to respond to RFPs and 22% higher satisfaction with their proposal win rates.

How to Cite This Data

Feel free to use these statistics in your articles, presentations, and reports. Please cite as:

Bidara. "RFP Statistics 2026: Win Rates, Response Times & Industry Benchmarks." Bidara Research, April 2026, www.bidara.ai/research/rfp-statistics.

Data compiled from 2025 RFP Trends Report, 2025 RFP Benchmarks Report, GAO FY 2024 Contracting Dashboard, Fortune Business Insights, and QorusDocs Proposal Management Survey.

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Alexander Georges

About the Author

Founder & CEO, Bidara

Alexander Georges is the Founder & CEO of Bidara, an AI proposal platform that reduces RFP response time from 25 hours to under 30 minutes. A University of Michigan graduate (Magna Cum Laude, School of Information), he also serves as CTO at Craftle, a Techstars '23 company, and was featured in the Wall Street Journal for his work in AI-powered products.

He built Bidara after seeing firsthand how much time proposal teams waste on repetitive manual work, and how existing tools required weeks of setup before delivering any value. To build it, he researched and hands-on tested every major proposal platform on the market, evaluating their AI capabilities, pricing models, and real-world usability. He now works directly with proposal teams across government contracting, consulting, engineering, healthcare, and professional services.

This comparison is based on that hands-on evaluation, combined with publicly verified pricing from G2 and Capterra, vendor documentation, and feedback from Bidara users who previously used competing platforms.

Featured in Wall Street JournalUniversity of Michigan, Magna Cum LaudeCTO at Craftle (Techstars '23)

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