When price and a delivery date for products and/or supplies is concerned a Request for Quotation (RFQ) is more often suggested for use instead of a Request for Proposal (RFP) even though both documents are very similar in nature.
The first section is called the "Organizational Overview" because it usually describes the background information of the company sending out the Request for Quotation (RFQ). The next section is called the "Required Deliverables". This section describes the completed product. (see below) The third and final section is called the "Assumptions and Agreements" section because it contains the terms, process used for approval, submission deadline, and any other information deemed necessary from the requestor.
- does not exceed 20 pages in length
- includes a letter of transmittal
- a drawing of the completed product
- a parts list
- delivery dates and conditions