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In today's tutorial, we discuss how to create an RFP response template in Microsoft Word, a tool likely already available to you. The video features a purchasable template example and outlines essential elements to include. The first element is the cover page, which may have specific requirements depending on the RFP. It is advisable to include the RFP number for internal tracking purposes and to display the title prominently in large font for easy visibility. The tutorial aims to provide insights into these components and the rationale for their inclusion in your response template.