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A request for quotation (RfQ) is a business process in which a company or public entity requests a quote from a supplier for the purchase of specific products or services. RfQ generally means the same thing as Call for bids (CfB) and Invitation for bid (IfB). [1] An RfQ typically involves more than the price per item.
Use italics when writing about words as words, or letters as letters (to indicate the use–mention distinction). Examples: The term panning is derived from panorama, which was coined in 1787. Deuce means 'two'. (Linguistic glosses go in single quotation marks.) The most common letter in English is e.
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Please add this template after a reference to an unquoted source that you think may be inaccurate, like this: {{Request quotation|date=December 2024}}This is used to request a direct quote from the cited source, so that it may be verified that the source can verify the statement or that the editor has interpreted the source correctly.
A request for quotation (RFQ) is used when discussions with bidders are not required (mainly when the specifications of a product or service are already known) and when price is the main or only factor in selecting the successful bidder. An RFQ may also be used prior to issuing a full-blown RFP to determine general price ranges.
Format a long quote (more than about forty words or a few hundred characters, or consisting of more than one paragraph, regardless of length) as a block quotation, indented on both sides. Block quotations should be enclosed in {{ blockquote }} .