A Request for Quotation (RFQ) is a formal document sent by a buyer to potential providers, requesting price proposals for specific goods or services. The RFQ outlines the specifications of the client and provides a framework for suppliers to submit their bids. It often comprises information such as the product or service description, quantity requi

A Proposal Request, often shortened to RFQ, is a formal request sent by a buyer to suppliers seeking quotes on products or works. The RFQ provides detailed descriptions about the desired solutions, allowing suppliers to submit competitive estimates. Following review of the submitted bids, the buyer can then award a contract to the most acceptable