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What Is A Rfq And How It Is Different From Quotation? |
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Answer» RFQ is request for quotation and it is a form of invitation that is SENT to vendors to submit quotation indicating pricing and their TERMS and CONDITIONS while quotation is a reply by a VENDOR in response to request for quotation. RFQ is request for quotation and it is a form of invitation that is sent to vendors to submit quotation indicating pricing and their terms and conditions while quotation is a reply by a vendor in response to request for quotation. |
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