A request for quote (RFQ), also known as an invitation ... with a specific hard drive size and processing speed, for example, would send an RFQ to several vendors as prospective bidders.

For example, a business that wants to change ... RFI A request for proposal (RFP), request for quote (RFQ), and request for information (RFI) are three distinct types of documents that businesses ...

So, rather than responding with a quote, pick up the phone to let them know you’ve received their request and want to ... Here’s an example: You: “Hi Joe, this is Fred with Acme.

For example, in IT, a company may list technical requirements a vendor’s software must meet to be considered. What is a Request for Quote (RFQ)? An RFQ or Request for Quote is sent to vendors ...