Request for Quotation (RFQ)

Request for Quotation (RFQ) is a document sent by a client or contractor to potential suppliers or subcontractors requesting detailed pricing information for specific materials, equipment, or services.

RFQs help in obtaining competitive pricing and selecting vendors based on cost and capability.

Understanding request for quotation (rfq) is part of running a tight construction operation. Projul gives contractors one platform to manage bids, schedules, costs, and communication, so nothing slips through the cracks.