Business Pitch Dictionary by pitch.dog
RFI, RFP, RFQ & tender documents · Core

Functional specification

Also called: performance specification

ELI5

Requirements expressed in terms of outcomes or functions rather than design details.

Used in conversation

“The team needs one controlled copy of functional specification, with an owner and date.”

Pitch context

You will see “Functional specification” in operating plans, procurement packs, supplier reviews and supply-chain reports when the discussion reaches rfi, rfp, rfq & tender documents.

Why it matters: In rfi, rfp, rfq & tender documents, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.