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Government acquisition Edit
A request for quotation (RFQ) is
|“||[a] solicitation used in negotiated acquisition to communicate government requirements to prospective contractors and to solicit a quotation. A response to an RFQ is not an offer; however, it is informational in character.||”|
|“||(1) a request to the vendor community outlining in a definitive fashion the activity to be performed, frequency, and any other pertinent information which would allow a bidder to submit pricing information in accordance with the requirements of the solicitation. (2) a request to vendors which invites submission of a price for a specified commodity or service.||”|