A Request for Quotation (RFQ) is a formal document issued by purchaser to potential suppliers, requesting cost estimates more info for specific goods or services. The RFQ outlines the specifications of the buyer and provides a structure for providers to submit their proposals. It often comprises information such as the product or service descriptio

A Request for Quotation (RFQ), often shortened to RFQ, is a formal communication sent by a purchaser to vendors seeking bids on products or works. The RFQ provides detailed specifications about the desired solutions, allowing suppliers to submit accurate estimates. Upon review of the submitted quotes, the buyer can then award a contract to the mos