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RFQ

Technical Operations Acronym Operations

Request for Quote. The RFP's simpler cousin: we know what we want, just tell us the price. Beloved by buyers, dreaded by vendors who'd rather 'add value.'

Heard in the wild

“Send an RFQ for the panel replacements to all three electrical contractors.”

Tone check: Technical

Precise specs make RFQs work. Vague RFQs get you quotes that aren't comparable and a meeting about it.

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