A request for quote (RFQ), or request for quotation, is a document that is created in order to obtain specific pricing and/or cost information. This document is typically completed after some level of due diligence, and it is also recommended that this be created after the completion of a Request for Proposal (RFP).

Related Content:

• Training Industry RFP/RFQ Resources
• The Business of Learning, Episode 15: Developing a Request for Proposals for Training Outsourcing Engagements
• Managing Supplier Engagements
• Overcoming Negotiation Anxiety to Establish a Great Training Outsourcing Relationship