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Request for qualifications

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A Request for Qualifications (RFQ) is a step sometimes used in the formal process of procuring a product or service, for example by a government agency. It is typically used as a screening step to establish a pool of vendors (businesses or individuals to provide a product or service) that are then qualified, and thus eligible to to submit responses to a Request for Proposals[1][2]. In this two-step process, the response to the RFQ will describe the company or individual's general qualifications to perform a service or supply a product but generally will not include specific details or price proposals.

The Request for Qualifications should not be confused with a Request for Quotation, a different vendor-selection process with the same acronym. See RFQ.

References

Category:Procurement