How does the request for quote (RFQ) or bidding process work?
Purchasing Services may determine that goods or services must be competitively bid due to either the value or nature of what is being purchased. When this occurs, Purchasing Services will send a request for quote (RFQ) to each supplier being invited to bid. Once the bids are received, it is the responsibility of Purchasing Services to award the Purchase Order to the lowest responsive, responsible bidder. However, when choosing a supplier, Purchasing Services may consider factors other than price. You may contact the appropriate Purchasing Agent if you have questions about a particular purchase or bid.
Related Questions
- MUST THE QUOTES SUBMITTED IN RESPONSE TO A REQUEST FOR QUOTE (RFQ) PROCESS UNDER AN ITQ/MULTIPLE AWARD STATE CONTRACT BE SEALED OR CAN THE QUOTES BE SUBMITTED ELECTRONICALLY OR BY FAX EQUIPMENT?
- How does the request for quote (RFQ) or bidding process work?
- How does the RFQ (Request For Quote) feature work?
