Request for quotation
The UN Procurement Practitioner's Handbook, produced by the Interagency Procurement Working Group (IAPWG) in 2006 and updated in 2012 defines a request for quotation as: ‘An informal method of solicitation whereby suppliers are requested to submit a quotation for the provision of goods or services. Normally used for standard, off-the-shelf items, where the value of the procurement falls below the established threshold for formal methods of solicitation.’
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
The importance of emergency planning.
Water management terms and techniques
Eight forms of resource optimisation.
CIOB responds to Chancellor Sunak's announcement on jobs and the economy.
CMA & IRM competition law risk guide published
Revised guide to competition rules available.
Brick slip soffit systems and intricate brick features.
An innovative engineering approach could have had tragic consequence for NYC.
Some secrets behind how canals work.
Breaking down possible steps of pre-contract management.
Looking to the future in Wales
ICE event includes comments from Welsh Government Minister Julie James.
Designing Buildings Wiki becomes the world's first website to adopt the new knowledge standard.
Pressure Independent Control Valves (PICVs)
Assessing the most beneficial design elements.