Home > Term: request for quotation
request for quotation
A solicitation used in negotiated acquisition to communicate government requirements to prospective contractors and to solicit a quotation. A response to an RFQ is not an offer. It is informational in character.
- Part of Speech: noun
- Industry/Domain: Military
- Category: Missile defense
- Company: U.S. DOD
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Creator
- mf1967
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(Oklahoma, United States of America)
