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In today's video, we discuss how to create an RFP response template using Word. The tutorial covers essential components to include in the template and offers guidance on formatting. An example template is presented, which viewers can purchase via a linked resource. The first element highlighted is the cover page, which is crucial for RFP responses—sometimes specified by the RFP issuer. It's advised to include the RFP number for internal tracking and to display the title prominently in a large font for visibility upon opening the document. Further elements of the template are to be detailed throughout the video.