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In today's video tutorial, the focus is on creating an RFP response template using Word. The presenter showcases an example template available for purchase and discusses essential elements to include. The first key component is the cover page, which should display the RFP number for internal referencing. It's advisable to use a standard cover page design, indicating the title prominently in large font so it's easily visible when opened. The video emphasizes the importance of adhering to any specific cover page requests outlined in the RFP. The tutorial aims to guide viewers in developing an effective and compliant response template.