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What is the difference between Vendor Link and eQuote within E-Procurement?

April 26, 2017difference e-procurement equote

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What is the difference between Vendor Link and eQuote within E-Procurement?

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VendorLink is the website where a company may register to receive electronic notifications of bidding opportunities for goods and services that are posted on the State’s Interactive Purchasing System (IPS). Solicitation documents are posted on IPS for public view on the Internet, and VendorLink is the registered vendor file that is linked to IPS by commodity code. eQuote is an informal quoting tool within the E-Procurement system that requires a separate registration process from VendorLink and E-Procurement. eQuote is a tool used by the buyer to search for and invite registered vendors to quote on goods and services when the dollar value is below the benchmark required for advertisement of bids on IPS.