What is RFQ (Request for Quotation)?
A solicitation type used for straightforward purchases where the government requests price quotes from vendors.
A Request for Quotation (RFQ) is a solicitation used for simpler procurements — typically commercial items or well-defined services where the requirement is clear and price is the primary evaluation factor. RFQs under the Simplified Acquisition Threshold ($250,000) follow streamlined procedures.
RFQs are common on GSA Schedule contracts and government-wide acquisition contracts (GWACs), where vendors have pre-negotiated rates. The process is faster than RFPs: vendors submit quotes, the government evaluates them (usually based on price and past performance), and an order or contract is issued.
For commercial items under FAR Part 12, RFQs are the preferred solicitation method. They reduce paperwork for both the government and contractors compared to formal RFPs.
Related Terms
A solicitation type used when the government wants to evaluate technical approaches and past performance alongside price.
SolicitationA formal request issued by a federal agency inviting businesses to submit proposals or bids for a contract.
SAM.govThe System for Award Management — the official U.S. government website where businesses register to bid on federal contracts and where agencies post opportunities.