Category Archives: RFQ and RFP Help Tips

Help Tips Requesting Quotes and Perposals

Qualified Vendor

A qualified vendor is: 1. A business you have done business with before 2. One you recently have had pre-qualified using a formal process 3. They come recommended 4. Have client references you can check It is not considered a … Continue reading

Posted in RFQ and RFP Help Tips | Leave a comment

RFQ and Supplier Contracts

RFP and Suppliers In business the definition for the term Contract is a binding agreement between two or more business entities which is legally enforceable or a business arrangement for the supply of goods or services at a fixed price. In … Continue reading

Posted in RFQ and RFP Help Tips | Leave a comment

RFQ (Request for Quotation) Tips

Issuing a Request for Quotation (RFQ) is done for many reasons. Your objective is to achieve the best possible product (which meets quality requirements), for delivery at the right time (not much good if it does not arrive when you … Continue reading

Posted in RFQ and RFP Help Tips | Leave a comment

RFP (Request for Proposal) Tips

Often issuers call a RFQ or request for quotation a RFP in error. A good way to distinguish between the two is if you are requesting a material item with a specification which cannot be altered, you have the required … Continue reading

Posted in RFQ and RFP Help Tips | Leave a comment