Question: Describe the differences between a request for quotation (RFQ) and a request for proposal (RFP)? Be specific as to the information included in each. Select

  • Describe the differences between a request for quotation (RFQ) and a request for proposal (RFP)? Be specific as to the information included in each.
  • Select one of the fixed-price contracts, one of the cost-plus contracts, and the time and material contracts. Briefly describe each one and discuss who assumes the greatest risk. Provide an example other than the ones in the textbook for each one you select.

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