This chapter discusses methods for getting information from internal or external organizations.
A request for quotation (RFQ) is a standard business process inviting suppliers into a bidding process to bid on specific products or services. RFQ generally means the same thing as invitation for bid (IFB). An RFQ typically involves more than the price per item.
A request for information (RFI) is a standard business process for collecting written information about the capabilities of various suppliers. Normally, it follows a format that can be used for comparative purposes.
A request for proposal (RFP) is a solicitation to potential ...