Request For Quotations (RFQ)

Request For Quotations (RFQ)Document used in soliciting price and delivery quotations that meet minimum quality specifications for a specific quantity of specific goods and/or services. RFQ are usually not advertised publicly, and are used commonly for (1) standard, off-the-shelf items, (2) items built to known specifications, (3) items required in small quantities, or (4) items whose purchase price falls below sealed-bidding threshold. Suppliers respond to a RFQ with firm quotations, and generally the lowest-priced quotation is awarded the contract. See also invitation to bid (ITB), request for tenders, and request for proposals.

2 thoughts on “Request For Quotations (RFQ)

  1. I had a quick scan of the solicitation dcomuent which is HUGE with all the governmental requirements, and the warranty really puts the firm who might do this on the spot without a notion of the requirement being that kill temperatures were reached. Good points Renee.. did the dog actually find live eggs in those areas inside the cabinets? where did the papers come from? not exactly the ideal location for an active infestation, but of course with insects, almost anything is possible given the right conditions. too bad they don’t have the full details of the findings and whether the dog was certified for distinction between live and dead insects/eggs. Seems like a bit of overkill to me. 350 filing cabinets in seven areas on five floors needle in a haystack i think.. if i were on this job, i would be asking a lot more questions about files and sources, and try to localize infestation better than described. Someone is going to make money on this job or no one may even quote with the expectations, but i think they should provide a lot more detail of the situation before expecting a firm to do this work. but this stuff happens sometimes when there is not a truly professional assessment before deciding to do this kind of extensive work at some many thousands of dollars i would guess. When in doubt, the saying goes, measure twice and cut once.

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