A request for quotation (RFQ) is a standard business process whose purpose is to invite suppliers into a bidding process to bid on specific products or services. RFQ, generally means the same thing as IFB (Invitation For Bid). An RFQ typically involves more than the price per item. Information like payment terms, quality level per item or contract...
Found on
http://en.wikipedia.org/wiki/Request_for_quotation
A request for quotation (RFQ) is a document that an organisation submits to one or more potential suppliers eliciting quotations for a product or service.
Found on
http://www.disability.wa.gov.au/disability-service-providers-/for-disabilit
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