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Request for quotation

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A Request for Quotation (referred to as RFQ) is a standard business process whose purpose is to invite suppliers into a bidding process to bid on specific products and/or services.

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This term or phrase is currently an entry in The SmallBusiness.com Business Glossary WIKI. Please help expand this entry into a more detailed description.

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This entry includes content from the following Wikipedia article: Request for Quotation

Link to this page: "https://wiki.smallbusiness.com/w/index.php?title=Request_for_quotation&oldid=20695"