Question: What is the difference between an RFP and an RFQ? Give an example of the appropriate use of each. How does procurement planning differ for

What is the difference between an RFP and an RFQ? Give an example of the appropriate use of each. How does procurement planning differ for government projects versus those in private industry?

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An RFP Request for Proposal and an RFQ Request for Quotation are both procurement documents used to solicit proposals or quotations from vendors or suppliers but they serve different purposes and are ... View full answer

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