PK0-004 · Question #535
The government wants to start a project that will launch a satellite but lacks the appropriate SMEs. Which of the following would be BEST to solicit vendors?
The correct answer is B. RFQ. A Request for Quote (RFQ) is commonly used when deliverables are commodities for which there are clear specifications and when price will be the primary determining factor. Unlike a Request for Bid (RFB), this solicited price quote is used for comparison purposes and is not a…
Question
The government wants to start a project that will launch a satellite but lacks the appropriate SMEs. Which of the following would be BEST to solicit vendors?
Options
- ALOI
- BRFQ
- CRFI
- DSOW
How the community answered
(26 responses)- A8% (2)
- B85% (22)
- C4% (1)
- D4% (1)
Explanation
A Request for Quote (RFQ) is commonly used when deliverables are commodities for which there are clear specifications and when price will be the primary determining factor. Unlike a Request for Bid (RFB), this solicited price quote is used for comparison purposes and is not a formal bid for work. Negotiation of price is generally not associated with an RFQ. The government has approved vendors. RFQ is sent out to those.
Topics
Community Discussion
No community discussion yet for this question.