When to use a RFP versus a RFQ

Using an RFP versus a RFQ:

This is a good question and one we hear often. We will try our best to provide a simple answer to help you make an informed  decision when performing your purchasing duties. This scenario surfaces when you are faced with generating a purchasing document to send to your suppliers.

Documents issued by the Purchasing group can be an RFQ (request for quote), RFI (request for information), RFP (request for proposal), or ITQ (invitation to quote), IFB (invitation for bid) or others.

A RFQ is usually used when the Owner knows exactly the type and quantity of goods it wants to buy while RFP’s ask bidders to provide a solution to a problem that could be solved in different ways.

An example of when to use a Request for Quote (RFQ) would be if you are buying 100 each Toshiba Laptop Computers c/w 2 GB ram, 100 GB HD, DVD Burner, Windows 7. You know your exact requirement and have a specification to include or issue with the request.

An RFP might be used if you were unsure as to whether you want to purchase, lease, rent  those same 100 computers with varying specifications for software and hardware requirements that may differ from PC to PC. This gives the bidders an opportunity to offer a solution to your requirement.

With the above in mind, it should be noted that evaluating a RFQ is usually easier than trying to determine an award from the results of an RFP.

RFQ_Business_Computers

RFP | RFQ Sample for Business Computers

RFP and RFQ for Business Computers:

RFQ_Business_ComputersHere is a sample RFQ template which can be used for the solicitation of quotes for the purchase of business computers or computer hardware and training from your suppliers. At a minimum, a request for quote should cover the invitation component, the bid form, specifications and a set of terms and conditions. This sample template provides coverage for all these specific areas and more. If you are looking for other sample templates, we recommend you peruse the premium or the mega pack offers. Using a single template will cover the cost of the complete package.

Download sample RFQ for business computers in Microsoft Word Format >>> RFQ29 – RFQ Computers

RFP Template for Website Design Services

RFP Template for Website Design Services:

Here is another simple yet effective template you can use to ask the right questions to users when you are ready to solicit website design services. By addressing these questions upfront you will ensure your bidders will respond appropriately to your quotation.

Download RFP in Microsoft Word Format   >>> RFQ10 – RFQ Guide Web Design

Download RFP in PDF Format   >>> RFQ10 – RFQ Guide Web Design

To purchase the complete template pack in edit friendly Microsoft Word format visit the Special Offers page.