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glossary

RFQ (Request for Quotation)

What is a Request for Quotation (RFQ)?

A Request for Quotation asks vendors to provide priced quotes for a clearly defined requirement. It is most common for commercial items and for buys handled under simplified acquisition, where the government already knows what it wants and is primarily comparing price and availability rather than evaluating elaborate technical proposals.

A quote is not an offer

One subtlety trips up newcomers: in an RFQ, your quote is technically not an offer the government can simply accept to form a contract. Instead, the government's resulting purchase order is the offer, which you then accept by performing or acknowledging. The practical effect is that an RFQ is a more informal, faster mechanism than a sealed bid or a negotiated proposal.

When and how it is used

Agencies lean on RFQs to move quickly on routine needs, frequently against existing vehicles like the GSA Schedule or under simplified acquisition procedures. For a contractor, that speed is the opportunity: clean, responsive, competitively priced quotes win this work, and being easy to buy from matters as much as being cheapest. For how the RFQ compares with an RFP and an RFI, see our complete procurement-request guide.

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