A Request for Quote is a formal document issued by a Buyer to solicit price and delivery terms ('Quotations') from a prospective Seller. Request for Quote invites Suppliers to bid on products or services.
Alternative names for Request for Quote include: Invitation for Bid (IFB), Request for Proposal.
| ID | Name | Level | x |
|---|---|---|---|
| C | Contract | 1 | C |
| C1 | Contract Standard Terms | 2 | C1 |
| C4 | Contract Renewal | 2 | C4 |
| S005 | Tender | 3 | S005 |
| S301 | Identify Supply Sources | 3 | S301 |
| D101 | Process Inquiry | 3 | D101 |
| D201 | Process Inquiry | 3 | D201 |
| From | Workflow | To |
|---|---|---|
| C205 | Proposal | S005 |
| C205 | Proposal | S302 |
| S0 | Request For Quote | C1 |
| S005 | Request For Quote | C101 |
| S301 | Request For Quote | D101 |
| S301 | Request For Quote/Proposal | D201 |