Request For Quote. Often a document sent by the purchaser to a number of vendors to determine pricing. Is not a Purchase Order, just an investigative tool, and less formal than an official bid situation, which usually requires much more documentation and criteria. Similar to an RFP.
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Created by derekleffew, July 22nd, 2009 at 04:12 AM
Last edited by derekleffew, July 22nd, 2009 at 04:12 AM 0 Comments
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RFQ
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