- RFP - Request For Proposal
- A very detailed and specific approach to a customized solution and a total price
- RFQ - Request For Quote
- Getting prices from a company for goods or services
- RFI - Request For Information
- For finding potential vendors for consolidation of proposals or quotes
- IFB - Invitation for Bid
- Is usually a sealed bidding processes used by Govt. contracting
RFP, RFQ, RFI, IFB - what and when
Below are the typical occations for each request:
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