REQUEST FOR QUOTATION

Project Management Glossary

Project Management — Request for Quotation

 

 

 

 

 

 

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Information on Request for Quotation

Request for quotation is another term for request for proposal. The request for quotation (RFQ) is the process (the document) by which an acquirer (a buyer) calls for tenders from potential developers (sellers).


Other topics in our resources on Project Management related to Request for Quotation include: 
 
  • Tender
  • Negotiation
  • Request for Proposal (RFT)
  • Solicitation
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  • Contract Negotiation
  • Contract Award
  • Tender Evaluation
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  • Invitation to Bid (IFB)
  • Request for Tender (RFT)
  • Source Selection
  • Invitation to Register Interest (ITR)

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