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The formal invitation to submit a price for specified goods/services is usually referred to as?

A. request for proposal

B. request for quotation

C. tender invitation

D. bid invitation

E. request for proposal and request for quotation

 

 

 

PMI PMI-: Practice Exam

 

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Procurement Engineering Consumer Goods Marketing Project Management
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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2017/05/12
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Keith Gregory Wright
by Keith Gregory Wright , Program Director , DynCorp International

Where a Standing Offer (SO) is in place it is a RFQ request for quotation based on rates previously agreed in the SO.

Where there is no SO then it is referred to as a RFT request for tender.

OMBUSE WYCLIFFE
by OMBUSE WYCLIFFE , MIDDLE , PRIMIER FOODS INDUSTRIES

read of a proposal first to the customer,then a quotatiosn is given

 

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