A Request for Quotation (RFQ) is a formal document sent by purchaser to potential providers, requesting price proposals for specific goods or request for quotation services. The RFQ outlines the requirements of the client and provides a structure for vendors to submit their offers. It typically includes information such as the product or service de
RFQ
A Proposal Request, often shortened to RFQ, is a formal communication sent by a buyer to prospective providers seeking quotes on specific goods or services. The RFQ provides detailed specifications about the needed items, allowing suppliers to submit comprehensive estimates. Following review of the submitted quotes, the buyer can then choose a con