RCDD-002 · Question #62
Which of the following options BEST describes Request for Quote (RFQ)?
The correct answer is A. Usually provides more detail involved with selecting the material, equipment, and components. Option A is correct because an RFQ (Request for Quote) is specifically used when the buyer already knows what they need and wants vendors to provide pricing for specific materials, equipment, or components - it requires detailed specifications so suppliers can give accurate…
Question
Which of the following options BEST describes Request for Quote (RFQ)?
Options
- AUsually provides more detail involved with selecting the material, equipment, and components
- BCan be submitted by the contractor in response to a field order or as an uninitiated request for a
- CUsed to obtain a formal response to the contract documents
- DAn invitation for the design professionals (e g, architect, engineer, consultant) or contractors to
How the community answered
(30 responses)- A73% (22)
- B3% (1)
- C7% (2)
- D17% (5)
Explanation
Option A is correct because an RFQ (Request for Quote) is specifically used when the buyer already knows what they need and wants vendors to provide pricing for specific materials, equipment, or components - it requires detailed specifications so suppliers can give accurate cost estimates.
Why the distractors are wrong:
- B describes a Request for Information (RFI), which contractors submit to clarify ambiguities or request additional details from the design team.
- C describes an Invitation to Bid (ITB) or Invitation for Bid, where contractors submit formal bids in response to complete contract documents.
- D describes a Request for Proposal (RFP) or Request for Qualifications (RFQ/RFQ), which solicits design professionals or contractors to propose solutions or qualifications.
Memory tip: Think of RFQ as "Request for a Quote on what I already know I need" - the buyer has already defined the item; they just need the price. If you're comparing procurement documents, remember the spectrum: RFI (need info) → RFQ (need a price for known items) → RFP (need a full proposal/solution).
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