Creating a Request for Quote (RFQ) for Procurement
ProjectManager.com
MARCH 19, 2024
Projects need resources, often consistently. Suppliers and contractors deliver those products and services that help fulfill the project. Managers want to stay on budget and resources cost money, which is why they use a request for quote (RFQ) to get pricing from suppliers and contractors. A request for quotation differs from a request for proposal or request for information.
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