AI PM TEMPLATES

AI Vendor RFP Template: 50+ Questions to Ask Before Signing

By Institute of AI PM·14 min read·May 9, 2026

TL;DR

Most AI procurement decisions get made on a vibe-check demo and a price quote. Six months later you discover the model retrains on your data, latency triples at peak, and there is no documented exit. This RFP template gives you 50+ specific questions across seven categories. Send it before pricing discussions — the answers will tell you who is enterprise-ready and who is not.

Section 1: Company & Viability

You are about to depend on this vendor for a system in your production stack. AI startups die. Find out if this one will be alive in 24 months.

1

Funding stage, last round size, and current monthly burn

Why it matters: Sub-12-month runway is a procurement red flag. Ask for the runway number, not the round size.

2

Total revenue and number of paying enterprise customers above $100K ARR

Why it matters: Logo lists are marketing. Paid contract counts at your tier are signal.

3

Customer concentration: % of revenue from top 3 customers

Why it matters: >40% concentration means losing one customer destabilizes the company you depend on.

4

Headcount split: engineering vs. go-to-market

Why it matters: AI startups with <40% engineering headcount usually cannot ship the roadmap they promised.

5

Acquisition or shutdown clause: what happens to our data and contract if you are acquired?

Why it matters: Get the assignment and termination rights in writing before pricing discussion.

6

Three reference customers we can call without your team on the line

Why it matters: Vendor-curated calls are theater. Insist on direct access.

7

Production uptime track record over the last 12 months, with incident reports

Why it matters: Past incidents predict future ones better than any pitch deck.

Section 2: Security & Compliance

1

Current certifications: SOC 2 Type II, ISO 27001, HIPAA, FedRAMP, PCI-DSS

Why it matters: Type II (not Type I) is the bar. Ask for the most recent report, not just the badge.

2

Penetration test cadence and most recent third-party report

Why it matters: Annual third-party pen test minimum. Ask to read the executive summary under NDA.

3

Sub-processors list, including model providers (OpenAI, Anthropic, AWS Bedrock, etc.)

Why it matters: Your data flows through every sub-processor. They all need to clear your privacy review.

4

Data residency options: US, EU, region-locked deployments

Why it matters: Required for GDPR, Schrems II, and many regulated industries.

5

Encryption: at rest, in transit, and key management (BYOK or HYOK supported?)

Why it matters: BYOK is the negotiation point. Vendors who refuse it are not enterprise-ready.

6

SSO support (SAML, OIDC) and SCIM provisioning

Why it matters: Without SSO and SCIM, identity drift and orphaned accounts are inevitable.

7

Audit logging: what events are logged, retention period, export format

Why it matters: If logs cannot be exported to your SIEM, you have a compliance gap on day one.

8

Incident notification SLA in writing

Why it matters: Many contracts say 'reasonable notice.' Demand a specific number — 24 or 72 hours.

Section 3: Model & Performance

1

What underlying model(s) power the product? Frontier API, fine-tune, or in-house?

Why it matters: If they pass through GPT-4o, you are paying a markup. Decide if the wrapper is worth it.

2

Model versioning: how is the model pinned, and how are upgrades rolled out?

Why it matters: Silent model swaps break your evals. Pinning + opt-in upgrades is the bar.

3

Latency: p50, p95, and p99 at our expected volume, broken out by request type

Why it matters: Averages hide outages. p99 is what your users actually feel.

4

Quality benchmarks on your internal evals (not just MMLU/HumanEval)

Why it matters: Public benchmarks are gamed. Make them run your eval set as part of the RFP.

5

Hallucination rate methodology and most recent measurement

Why it matters: If they cannot define how they measure hallucination, they are not measuring it.

6

Multi-modal capabilities and roadmap (vision, voice, structured output)

Why it matters: Locks in whether your future use cases will need a second vendor.

7

Failover behavior when the underlying model provider is down

Why it matters: OpenAI outages happen. Your vendor needs a degraded-mode answer.

Section 4: Data Handling

1

Will our prompts, completions, or files be used to train any model — yours or a third party's?

Why it matters: Default-on training is the single biggest hidden risk. Get an explicit no in writing.

2

Data retention: how long is our data stored, and how do we configure zero retention?

Why it matters: Zero-retention mode should be available. Default 30-day retention is acceptable; default-forever is not.

3

Data deletion: SLA for deletion requests and verification mechanism

Why it matters: GDPR Article 17 requires verifiable deletion, not a vendor email saying 'done.'

4

PII detection and redaction: built-in or our responsibility?

Why it matters: Determines who carries the liability when PII leaks into prompts.

5

Customer-isolated tenancy or shared infrastructure?

Why it matters: Shared infra increases prompt-leakage and noisy-neighbor risk.

6

Cross-border data flow: where is data processed and stored?

Why it matters: Required for Schrems II, EU AI Act, and most regional privacy laws.

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Section 5: SLA & Support

1

Uptime SLA — exact percentage and the credits formula

Why it matters: 99.9% sounds nice. Read the credit cap — many SLAs cap credits at one month of fees.

2

Support tiers, response SLAs by severity, and 24/7 coverage

Why it matters: P1 response under 1 hour and named TAM for >$100K ARR is the enterprise bar.

3

Status page URL and historical incident transparency

Why it matters: If their status page is empty, they hide incidents. Ask for the internal incident log.

4

Maintenance window policy and notification lead time

Why it matters: Surprise maintenance during your peak hour is a customer-trust event.

5

Rate limits and burst behavior under spike traffic

Why it matters: Define what happens at 10x baseline. Hard 429s vs. graceful queuing matters a lot.

Section 6: Pricing & Commercials

1

Pricing model: per-seat, per-token, per-request, or hybrid

Why it matters: Per-token costs explode with long contexts. Per-seat hides usage risk. Know which trap you are picking.

2

Volume discount tiers and the price ramp at 2x, 5x, 10x baseline

Why it matters: Most pricing pages stop at tier 3. Get the model for your year-3 forecast.

3

Annual price cap on increases at renewal

Why it matters: 5–7% cap is standard. Without one, you are the renewal hostage.

4

Overage billing and the cost ceiling we can pre-set

Why it matters: A bug that hits the API in a loop should not generate a six-figure bill. Demand a hard cap.

5

Multi-year discounts and the early termination penalty if we exit

Why it matters: Often the same number with opposite signs. Negotiate both, not one.

6

What is included in the base price vs. paid add-ons (logging, evals, audit, BYOK)

Why it matters: Vendors hide enterprise must-haves behind add-on SKUs. Itemize before signing.

Section 7: Exit & Portability

The exit clause is where most AI contracts fail. Negotiate it before you sign — you have zero leverage after.

1

Data export: format, scope, and timeline post-termination

Why it matters: JSON or CSV in <30 days. 'On request' with no SLA is a lock-in clause.

2

Prompt and fine-tune portability: can we take our prompts, evals, and fine-tunes elsewhere?

Why it matters: If fine-tunes are bound to their proprietary base model, you have rebuilding work in any migration.

3

Termination for convenience clause and notice period

Why it matters: 30–60 day notice is fair. 12-month auto-renewal with a 60-day window is a trap.

4

Transition assistance: hours of professional services included post-termination

Why it matters: Negotiate this in writing before signing. After signing, it is billed at $400/hr.

5

Data deletion certification post-exit

Why it matters: Required for SOC 2 and most regulated industries.

Buy AI Like a Senior PM

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