A request for quote focuses on meeting the project quality or schedule requirements.

Question

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A request for quote (RFQ) is a document issued by a company to request bids from vendors for a specific project or product. The primary focus of an RFQ is to obtain pricing information and delivery schedules from vendors. While quality and schedule requirements may be included in the RFQ, they are not the primary focus. The RFQ is used to compare bids from different vendors and choose the best-suited vendor based on factors such as price, quality, and schedule.

A Request for Quote Focuses on Meeting the Project Quality