RFQ Archives - RFQPro: RFP and RFQ Templates for Buyers and Suppliers

How our Quotation Forms can Help (5 productivity boosters)

Mark Bell — Tue, 18 Mar 2025 07:26:03 +0000

Creating a procurement form — Quotation form or RFP from scratch is not in every business manager’s top 10 list of items they want to be doing at work each day. For most of us, it is not even in the top 100! Purchasing professionals are results oriented…they prefer to be reporting to management on $’s saved, contracts awarded, trends and not that they spent their entire day drafting an RFP! The Request for Quote (RFQ) and other procurement-related forms, like a Request for Proposal (RFP), are important and do require a strict attention to detail. Is there an easier way to accomplish this task so you can spend your time on more fruitful projects?

At RFQPro.com, we provide a wide range of professionally designed procurement templates tailored for diverse quotation needs. These ready-to-use forms simplify your workflow, save valuable time, and help you create accurate, compliant documents effortlessly—so you can focus on strategic purchasing decisions that drive results.

Here is a link to the list of some of the forms we offer: https://www.rfqpro.com/pack-breakdown

The list below includes both generic and specialized tender documents designed to help you generate simple quotations or detailed proposals with ease.

#1 – Request for Quotation General

#2 – Bid Letter (for Appendix A & B)

#15 – Appendix A (Instructions)

#16 – Appendix B (Terms)

#12 – Telephone System w VoIP

#13 – Rejection Letter

#14 – Award Letter

#19 – Basic Vehicle

#23 – Bulk Commodity Tender

#24 – Telecommunications

#26 – Equipment Quotation Form

#28 – Office Equipment

#29 – Computers

#37 – Standard RFQ

#50 – Assets Disposal Tender Form

#55 – Roofing Tender (Basic)

#67 – Mobile Equipment Public

#70 – Auto Truck (Detailed)

#83 – Environmental Services

Quotation Forms in Purchasing or Procurement: Why They Matter

Purchasing is all about productivity and delivering results. Your department’s value is measured by how effectively your efforts impact the company and the teams you support. So, how do you best serve your user groups?

Key Ways to Add Value

Deliver goods and services promptly and efficiently so projects stay on track.
Reduce costs and save money for the company wherever possible.
Ensure quality products and reliable contractors that complete work ahead of schedule and within budget.
Stop wasting time creating tenders from scratch. Instead, focus on sourcing the right vendors and refining deliverables or scope of work.
Use ready-made RFQ templates to free up time for critical tasks like vendor evaluation and cost analysis.

Why Use RFQ Forms?

Request for Quotation (RFQ) forms streamline procurement by standardizing vendor responses, reducing errors, and speeding up decision-making. They help you compare pricing and terms quickly, making the entire purchasing process more transparent, consistent, and easier to evaluate.

Today, we’re reviewing some of the best RFQ forms available. Our next post will cover the Request for Proposal (RFP) process and how to craft proposals that attract the most competitive bids.

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Most Popular Forms used by Purchasing [3 free samples]

Mark Bell — Sat, 07 Jul 2018 23:55:21 +0000

What are the Most Popular Forms used by Purchasing Professionals today?

In order to manage the need to purchase supplies and services, purchasing professionals turn to certain forms, templates or documents to obtain the internally requested products or services.

Some standard forms you might be familiar with include: Request for Quotation (RFQ), Request for Proposal (RFP), Request for Information (RFI), and many others.

While most of these procurement forms are relatively straightforward, the RFP is a form that has continued to evolve since it first started to appear in the early ’80s. Since then, RFPs have become more prevalent, refined and in some cases are all many companies issue (not what we recommend!!). Regardless, companies that purchase goods and services need procurement forms to help them manage their business. These forms are a necessary evil and ultimately will help you complete the task of getting to the stage for an award.

Work flow and players involved when you issue an RFP / RFQ

Before we detail the templates most used by purchasing professionals today, we think some background on the process would be helpful. Typically, there are 3 or 4 role players in the RFP or RFQ process. There is a Tenderer, aka, Bidder / Offeror / Supplier / Vendor (a seller of materials and/or supplies who submits a proposal or quotation against your requirements); then there is the Owner, which is the parent company issuing the document and paying the bills — the user or internal department making the request or the fellow employees needing the material or service to complete the project — and lastly the procurement officer, who is the person managing the RFP / RFQ. The procurement officer or purchasing agent often generate the documents, issues the RFP, analyzes the supplier quotes, makes a recommendation, and finally manages the award to the supplier of choice. There are others, like the accounting department, which will pay the supplier, and so on.

Now back to the most popular forms used today:

RFP – (Request for Proposal). Without question, this form is considered the go-to form for procurement professionals on larger dollar spend and when your selection criteria might use additional factors other than price, like service capabilities or technical support.

Free RFP Template is included in our Welcome Pack

RFQ – (Request for Quote). To some this is up for debate, but depending on the organization, sometimes the Buyer is simply looking for price and delivery on a simple material request. We need six widgets and here is the part number, so in this instance an RFP is overkill and is not worth the cost or effort.

Free RFQ Template is included in our Welcome Pack

EOI or RFI – (Expression of Interest) or (Request for Information). An EOI or RFI is used to gauge interest from potential suppliers for a potential upcoming project on the drawing board or hope to officially tender in the near future. An EOI gives you the opportunity to prequalify vendors to ensure they are capable of completing the work under the restrictions or specifications outlined in your document.

Free Simple RFI Template > 8 pages

LOI or LOU – (Letter of Intent) or (Letter of Understanding). Often the next document to be used by the purchasing department, if the spend warrants it, versus going right to a PO. It captures the summary terms negotiated by both parties during the award process, and these details will eventually make their way into the formal contract. Simply put, the Buyer is looking for a document they can use to bridge them over until a formal contract document can be executed.

There are many documents a Buyer or Purchasing Agent relies on in their day‑to‑day purchasing activities. If you, like many of us, find the RFP process overwhelming or too time‑consuming, the RFQPro Step‑by‑Step RFP Guide will make your workflow significantly easier.

This new guide simplifies the entire RFP process by providing a clear, start‑to‑finish roadmap complete with sample forms used at each stage of issuing an RFP. All templates are delivered in fully editable Microsoft Word format, ensuring you can customize them to suit your organization’s needs.

As a bonus, this comprehensive guide and template pack will be offered at a discount to all subscribers, with additional savings for returning customers on top of the standard subscriber discount.

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Evaluating your Spend

Mark Bell — Sun, 28 Feb 2016 00:29:39 +0000

Every business, regardless of size, should have a clear understanding on its operating costs and should be constantly evaluating this spend.

What Does It Mean to Evaluate Your Spend?

Evaluating spend means identifying where your money goes and whether you’re getting value. If you asked your accounting department to provide a list of the top 20% of vendors in relation to how much money you spend with them annually, this would be a start. This list of suppliers will represent close to 80% of your operating budget. I know, the Pareto principle is overused but in this instance is 100% on point.

Focus on the 80% That Drives Your Costs

Prudent business owners will dedicate a large portion of their time or their purchasing department’s time on analyzing this 80% cost. These are your target vendors and where you need to focus your efforts. Requesting price concessions for your guaranteed or long term business and suggesting that they partner with you on productivity improvements are two quick solutions you can key in on.

Drill Down Into the Details

First drill down and gather specific details on this spend. How many widgets am I buying of a specific product in a 12 month period? This is known as your annual usage. What is our cost to procure these items? Is there a better quality product which will perform the same function and reduce operating costs? Are there like vendors that can provide a similar material or service?

Lock in Pricing with RFQs and Contracts

Approach your existing vendor directly or by way of a RFQ and request firm pricing for a 12 or 24 month period. In exchange for this commitment, you are expecting preferred pricing. This does two things, stabilizes your costs for the next 12 – 24 months and reduces ordering costs as these commodities can be covered by a contract or supply agreement.

Create Competition to Achieve Fair Market Pricing

Creating competition is the best way to achieve fair market pricing for goods and services. To achieve this, you need to issue a Request for Quotation (RFQ) for the above item(s). If your spend warrants, you should do your homework and pre-qualify vendors for these items. Ensure they are of similar quality by asking for samples and get a sense whether these suppliers can meet price and delivery timelines based on your usage or existing requirements. No use buying something for 10% less than what you are presently paying if the new vendor cannot deliver!

Reduce Inventory Costs Through Vendor Commitment

It gives the vendor comfort knowing they have your business for the next 12 months in exchange for better pricing. By granting them a contract for the next year, the expectation is the vendor would guarantee they carry relevant inventory in their local branch which would then allow you to reduce on-hand inventory. In this instance you are reducing carrying cost, cash outlay for inventory and achieving a reduction in unit costs. Savings all the way around!

RFQs Signal Strategic Intent

Issuing a RFQ (Request for Quote) to determine present market pricing is always the preferred way of doing business. It is ethical, transparent and begins to condition your suppliers of your intention on monitoring your spend. It sends the message that your company is focused on ensuring you are receiving the best possible product at the best possible price.

If creating a RFQ to help manage costs is on your radar, there are many sample RFQ templates available on-line or the team at RFQPro would love to help you get the ball rolling.

See a list of our templates and forms by visiting our In the Pack Page

Here is to your success — Mark.

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RFQ and RFP Template Packs

Mark Bell — Fri, 11 Jun 2010 06:41:28 +0000

Unlock Professional Procurement & Sales Success with Our RFQ/RFP Template Packs

Most of our readers already know that the RFQ and RFP Template Packs featured in the sidebar have been subsidized by our company. Why? Because we’re committed to helping procurement and sales professionals streamline their workflows and save valuable time—which was why we launched our RFQ Software in 2012. Update: Our software business sold in 2024.

If you’re considering purchasing a template pack, now is the perfect time to take advantage of our limited-time pricing.

Premium Templates at an Unbeatable Value

Don’t let the low price fool you—these templates are first-rate, crafted by seasoned procurement and sales professionals who understand the real-world challenges of sourcing, vendor management, and contract negotiation.

Each pack includes:

✅ 90+ (premium pack), 60+ (vendor response) fully editable templates
📄 RFQs, RFPs, contracts, policies, and more
⏱️ Hundreds of hours saved in document creation
💯 100% satisfaction guarantee

At under $100, our best-selling packs break down to just $0.40 per template—a fraction of the cost compared to hiring consultants or building documents from scratch.

Built by Experts, Designed for Efficiency

These templates aren’t generic downloads. They’re the result of years of hands-on experience in procurement and sales, designed to meet the needs of professionals who demand clarity, compliance, and speed.

Whether you’re preparing a Request for Quotation, drafting a contract, or setting up procurement policies, our packs give you a head start—so you can focus on strategy, not paperwork.

Why Now Is the Time to Buy

We sold our software business and we are not sure how long we will continue to offer these templates at subsidized pricing. This offer won’t last forever—secure your pack today and elevate your procurement and sales operations.

Ready to simplify your workflow and save time?

👉 Get Your RFQ/RFP Template Pack Now by visiting our How to Purchase page.

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How To Succeed With Tenders

Mark Bell — Wed, 09 Jun 2010 23:23:19 +0000

Nine (9) Simple Suggestions to Improve Your RFP Response(s)

Preparing outgoing tenders are skills which are a critical component of the professional buyer’s job description, however, responding to a tender or RFP is a critical component to the success of any business. If you fail to succeed at receiving the award as a result of your tender responses it is likely you will not be in business very long.

Nine (9) simple suggestions which will increase your chances at winning more tenders.

Pre-Game Preparation: We love the sports or game analogy and preparing to respond to a RFP or a tender is no different. Prior to the game, athletes are practising and completing training to ensure they are successful on game day. Responding to a tender request is no different. Preparation is key and there are many areas you can prepare ahead of time or prior to responding to a RFP or RFQ request.
Training or investing in learning will always result in a great rate of return and improve chances! Keep all certifications and credentials current and readily available.
Tender responses almost always require details or specific profiles on your team, approach and methodology, management, price and past experience.
With the often restricted timelines to complete the tender response, it is crucial that time is allocated to ensuring the best possible solution to the project’s requirements is presented at the best possible price. Most effort needs to be dedicated to providing a solution and not a re-hash of past experience.
Obviously, a successful track record of implementing or past experience in similar activities will be evaluated and contribute to your success or failure for any tender. But this doesn’t imply spending countless hours to locate and compile a summary of past experiences is time wisely spent – this can be done now and on an ongoing basis.
All tender requests are likely to call for an array of details which exhibits your experience in past or similar activities. Information required almost always consists of the activity name, location and duration, client, project value, key personnel by name and title, and a synopsis of the activity.
Aggregating this activity is clearly destined to be a challenge if it requires searching for staff and past associates for details, relying on memory, etc. The answer is to encourage the habit of compiling relevant information as soon as a project begins, and keeping the information current.
This can be made even easier by capturing information from the start of a project consistent with how a future tender might require the information presented.
Major organizations request a Project Data Sheet (PDS) for each project example that you are including with your tender response. This is often a single page that captures all the information required in the evaluation of your response.

Can I use each PDS just as it is for any tender I submit?

Keep in mind that although this template is consistent with what is currently requested, it is important to check exact tender requirements before submission to ensure compliance.

Secondly, each tender has different considerations because each project is often unique, so a standard response is rarely successful. Likewise, each project your company has completed would have contained a range of activities or approaches. So, instead of simply adding a PDS example to a (RFP) tender response, consider what the tender’s (project’s) focus is, and ensure your PDS examples emulate this. Often a slight re-write to place greater emphasis on a key piece of relevance is important. So customize your response to reflect the client’s needs and wants.

The information that the PDS template captures is ideal for submissions direct to client, or as a data capture tool for drawing information from for developing capability documents, case-study information and the like.

Frequently, when dealing with small to mid-sized corporations, the RFP response process can be quite nerve-racking, time-challenged, and often lacking a process. Responding to RFQ’s or RFP’s can become the most unpleasant task, however, whether preparing a response for a complex project, or a proposal directly to a client, it is important that time is spent coming up with the best possible approach or solution to ensure implementation produces the very best results. Taking time away from this critical aspect of proposal development to prepare Project Data Sheets or other typical response details is not time well spent.

See VR220-Product Data Sheet.doc in the Vendor Pack if you are interested in looking at a sample template. Our pack has a variety of tender response templates which will help you produce a professional (RFP) tender response and help you improve your chances of winning more tenders.

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Subscribe and receive a free template pack

Mark Bell — Tue, 02 Mar 2010 18:54:50 +0000

Our FREE template pack contains a cross section of sample documentation: Request for Quotation Template; Invitation to Bid Letter; Service Contract; Basic RFQ; FOB Terms Defined; Short Form RFP; Statutory Declaration.

Immediately after subscribing, you will receive access to your FREE template pack via e-mail. It is an INSTANT DIGITAL DELIVERY. Please add admin[at]rfqpro.com to your safe senders list.

If you are looking for a more robust RFQ or RFP, we recommend you consider the Premium Pack which includes: RFQ2 – Invitation to Bid Letter, RFQ15 – Instruction to Bidders (3 pages) and RFQ16 – Form of Agreement, Terms and Conditions (8 pages)…use them together.

Premium Pack

This pack has it all…Ninety (90) comprehensive everyday templates

- RFPs, RFQs, Expression of Interest, Tenders, Vendor Performance, Audit, Reporting Forms, Contracts, Policies and many more…all for only

Instant Digital Delivery

Vendor Performance Pack

“Thanks for the FREE offer but right now I am only looking for a Supplier Evaluation Form”. We are listening … the RFQPro Performance Pack includes:

Vendor Performance Evaluation (14 pages) c/w weighted measures
Sub-Contractor Evaluation
Facility Audit Form
Occurrence Report + 2 bonus templates

All of the above templates are an integral part of measuring vendor performance.

Instant Digital Delivery

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The Use of Quotations

Mark Bell — Fri, 10 Jul 2009 05:43:04 +0000

Quotations are requested when the size of the requisition or proposed commitment exceeds a minimum dollar amount stipulated usually by policy in the organization of the bidder: for example, $500.00. This rule may not apply in Governmental purchases as they are required by law to perform and award a RFQ to the lowest responsible bidder. In some Industries, proposals may be requested with the intention of selecting a firm to negotiate or settle final prices with.

Depending on your organization, after a RFQ is solicited and approved by the appropriate representatives, the price quotes are used to generate a purchase order and commitment is then made to the successful vendor. In some instances, the quotes are identified as part of a standing order contract or supply agreement where goods are delivered against this contract at intervals during the contract period or term.

The first step in preparation to issue a quotation is to determine vendors capable of:

supplying the requested item in accordance with the buyer’s specifications (quality)
meeting the stipulated delivery date
being reliable to warrant serious consideration
being competitive
responsible environmentally and stable financially

The number of vendors to include in your RFQ will vary based on the buyer’s experience with the product being procured. Usually three or four are invited to submit bids. When analyzing bid responses, it is important to ensure that the bidders are comparable in every major respect. Typical areas reviewed include: product specification, delivery date, payment terms and price.

Prior to award it is good practice to keep all commercial aspects of the RFQ in confidence. Even after the award is made, it is a better policy not to reveal to unsuccessful bidders the amount by which they failed to meet the successful bid. This is considered a good standard to adopt. Keep in mind, if your bidders are aware their prices are being disclosed to the competition, they may opt to no longer bid on your quotations opening the door for other vendors and removing the competitive aspect of your tenders. This could eventually increase delivery and product costs.

With any RFQ, you will have the opportunity to invite, award and reject bids. It should be acknowledged a supplier is put to some expense and at times, a very considerable one in these exercises so it is important to notify them of the outcome. After all, you wish to ensure they will bid on future requirements.

An example RFQ should include your invitation to bid letter, items for bid and a sample agreement. Let RFQPro.com help, we can supply templates for all the above.

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Request for Quote – Standard

Mark Bell — Sat, 28 Mar 2009 04:32:08 +0000

Standard RFQ:

How to Issue a Basic Request for Quotation (RFQ) for Operational Purchases

When your purchasing department needs to buy operational items—such as office supplies, maintenance materials, or everyday business essentials—a Request for Quotation (RFQ) is one of the simplest and most effective tools to ensure you achieve competitive pricing and that you are clear in communicating to your vendors.

What Is an RFQ?

A Request for Quotation is a formal document sent to potential suppliers asking for price quotes on specific goods or services. Unlike a Request for Proposal (RFP), which often involves complex solutions and detailed evaluations, an RFQ is straightforward: it focuses on pricing, delivery terms, and basic specifications.

Why Use an RFQ?

Transparency: Vendors know exactly what you need and can quote accurately.
Cost Control: Competitive bidding helps you secure the best price.
Efficiency: A standardized process saves time and reduces errors.

Key Elements of a Basic RFQ

Company Information – Include your business name, address, and contact details.
Item Description – Clearly list the products or services required, including quantities and specifications.
Delivery Requirements – State timelines and shipping instructions.
Terms and Conditions – Outline payment terms, warranty requirements, and compliance standards.
Response Deadline – Give vendors a clear date and time for submission.

Choosing the Right RFQ Template

Not all RFQs need the same level of detail. Valuation and risk to the bidder determine the complexity of the RFQ document you issue.

For example:

If you’re procuring stationery or photocopy paper, a standard RFQ like our Template #RFQ37 will likely suffice.
If you’re purchasing something high-value and high-risk—such as an oil-filled electrical transformer—you’ll need a more detailed RFQ to ensure all technical and legal bases are covered.

So, the lower the risk and dollar value, the less complex the document should be. If you’re unsure, it’s always wise to have legal counsel review your RFQ before issuing it.

👉Click Here to sneak a preview of this three page document

Sample RFQ Template

To make the process easier, we’ve created Template #RFQ37, a professional Word template designed for publishing a standard or simple RFQ. It’s included in both our Purchasing Manager Bundle and Mega Bundle, so you can issue RFQs quickly and confidently.

Tips for Success

Send the RFQ to multiple vendors to encourage competitive pricing.
Be specific about quantities and quality standards to avoid misunderstandings.
Follow up promptly with clarifications if vendors have questions.

Ready to Simplify Your RFQ Process?

Start with Template #RFQ37 and get a head start on issuing professional, compliant RFQs for your business needs.

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RFP – What is it?

Mark Bell — Fri, 30 Jan 2009 00:35:11 +0000

What Is an RFP and When Should It Be Used?

A Request for Proposal (RFP) is an invitation for vendors to submit a written offer to provide services or propose a solution to a defined requirement.

An RFP is typically used when an organization has an internal need but lacks the expertise, capacity, or resources to address it internally. In such cases, the requirement must be outsourced, and issuing an RFP allows qualified vendors to propose how they would meet that need.

An effective RFP is written to elicit meaningful, competitive responses. It must clearly define the scope of work and outline expectations so vendors understand precisely what is required. The goal is to reduce ambiguity and avoid shifting unnecessary risk onto suppliers.

For example, in manufacturing, an RFP may clarify expectations around raw material buffering or finished goods inventory to meet demand. In service-based engagements, it should define expected time commitments, deliverables, and resource allocation so consultants can price and plan accurately.

An RFP differs from a Request for Quote (RFQ). An RFQ is typically used when specifications are clear and supply risk is minimal. For example: “We require 12 pairs of leather gloves; here is the part number.” In this case, vendors compete primarily on price and availability, making comparisons straightforward. An RFP, by contrast, often requires vendors to propose a solution, not simply quote a price.

A well-constructed RFP requires vendors to define their monetary and service obligations clearly. It is the Purchasing department’s responsibility to distribute the RFP to multiple qualified suppliers to encourage competitive proposals.

What Should an RFP Include?

An RFP should include a clear and detailed description of the required products or services—commonly referred to as the scope of work. It should begin by stating the purpose of the document and outlining the organization’s objectives.

More structured RFP formats may also specify how vendors should present their responses, ensuring consistency and enabling fair evaluation. Clarity is critical. Avoid excessive legal terminology within the main body of the document, as this can discourage participation. Terms and conditions can be included toward the end. While higher-risk projects may require more comprehensive contractual language, not all RFPs warrant extensive legal documentation.

Evaluating Proposals

To evaluate vendor responses fairly, many procurement departments include standardized questionnaires or response templates. These may request detailed breakdowns such as hourly rates, equipment costs, methodology, and timelines. This enables the buyer to build a technical evaluation matrix and compare vendors consistently—ensuring an “apples to apples” assessment.

Final Thoughts

To receive strong, qualified responses, clearly state your requirements and present them in a structured, easy-to-follow format. Remember, the lowest price does not automatically win the award. Contracts are typically awarded based on overall best value and what is deemed to be in the organization’s best interest.

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Purchasing Glossary or Buzzwords

Mark Bell — Mon, 22 Dec 2008 21:03:17 +0000

RFQ – RFP Glossary Buzzwords

Ever wonder what some of the terms used by Materials Managers and Purchasing Agents mean? Terms like RFQ, FOB, DNR , or a RFP, Vendor, Standing Order Agreement. Although, these acronyms / terms are used frequently and recognized in the field, it is always a good idea to add them in their full context at least once or define the term on your definitions page to ensure there is no misunderstandings. Here are a few terms commonly used in the Materials Management or procurement field:

RFQ – Request for Quote or Quotation
RFP – Request for Proposal
ITQ – Invitation to Quote
RFI – Request for Information
EOI – Expression of Interest
IFB – Invitation for Bids
ITT – Invitation to Tender
RFB – Request for Bid
LOI – Letter of Intent
LOU – Letter of Understanding
FOB – Free on Board

UTQ – Unable to Quote
DNR – Do not reorder
UTS – Unable to Supply

Standing Order – A standing order is an open ended purchase order or in essence open ended contract which grants authorization to make regular periodic shipments of a specified product. Usually an annual agreement.

Supplier – A provider of goods and services that typically bills on an invoice and has regular transactions with the Owner or Buyer.

Vendor – Another Name for a Supplier.

Compliance

Ensuring suppliers perform their obligations and supply goods in accordance with contracts or that services are performed as prescribed by site safety rules and regulation and certain federal, state or provincial laws.

Sample of a compliance clause in a supply agreement:

The goods called for in this agreement shall comply with all applicable codes, standards and/or both regulations of the governing inspection authorities at the place of use. The Vendor shall acquire and keep in force all required permits and certificates of approval. The Vendor shall comply with all provisions of law governing its performance under this agreement including, without limitation, Safety and Reclamation Codes, all dangerous goods legislation and all workplace hazardous materials legislation and regulations governing the design, safety, handling, packaging, labeling, transport and the use of goods.

Due Diligence

Due diligence in a broad sense refers to the level of judgement, care, prudence, determination, and activity that a person would reasonably be expected to do under particular circumstances.

Force Majeure (sample clause)

No party hereto shall be liable for any delays in the performance of their obligation hereunder (excluding financial obligations) if any such delay or failure is due to acts of God, war, riot, sabotage, strikes, lockouts, or differences with workers, accidents, lack of water, power, gas, materials, any and all government laws or regulations, or any disabling cause beyond the reasonable control, and without the negligence of, the party invoking this clause.

Notice to the other party of any event of force majeure stating the date of the commencement thereof shall be promptly given and shall immediately be followed by a notice setting for the particulars of the event of force majeure and the expected delay. The party so affected shall take all reasonable steps to remove the force majeure conditions and to resume, with the least possible delay, compliance with its obligations under this agreement, and shall promptly advise the other party of the date when the force majeure is ended.

Assignment (sample clause)

The Vendor may not assign or sublet any of its rights or obligations under the Agreement without the prior written consent of the Owner, which consent may be arbitrarily withheld.

Interested in learning more or in acquiring an array of templates which cover the above terms? If you are planning to issue an RFP or RFQ, please visit our Special Offers page – RFQPro.com can help.

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