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Request for Quotation

Provided by the International Finance Corporation


In the Word document “Request for Quotation”, you will find a template you can use in your purchasing process.

A Request for Quotation (RFQ) is a simplified bidding process used to solicit the price of standard goods or services from external suppliers, usually through a bidding process.  An RFQ may involve not only the price per item, but additional information such as the delivery method and date, or the warranty.

If you are interested in optimizing your purchases, please have a look at the following article: Procurement Planning and Sourcing.

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The material in this work is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law.  IFC does not guarantee the accuracy, reliability or completeness of the content included in this work, or for the conclusions or judgments described herein, and accepts no responsibility or  liability for any omissions or errors (including, without limitation, typographical errors and technical errors) in the content whatsoever or for reliance thereon.

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