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In today's video, we discuss how to create an RFP response template using Word. The tutorial highlights the essential components to include in the template. The first element is the cover page, which may have specific requirements based on the RFP. It suggests a standard format, emphasizing the importance of including the RFP number for internal tracking and ensuring the title is displayed in large font for visibility. The video aims to provide guidance on crafting an effective RFP response template that meets the necessary criteria while being easy to use. A purchasable example template is also mentioned, with a link provided for access.