RFQ (Request for Quotation)

A Request for Quotation (RFQ) is the bidding document for procurement process that is to invite suppliers into a bidding process for the specific products or services, normally consisted of an Inquiry (non-technical) and Requisition (technical) document.

Related Definitions in the Project: The Procurement

Posted in Engineering, Procurement and tagged , , , , .

ThePD (The Project Definition)

ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.