Which of the following is a formal invitation that requests a formal response that describes the method of work and associated compensation?

Question

A. Request for proposal (RFP)

B. Request for bids (RFB)

C. Letter of intent (LOI)

D. Invitation for bids (IFB)

E. Request for quotation (RFQ)

Abu Bakar Siddique · Answer

A. Request for proposal (RFP)

VINAY KUMAR GOSWAMI · Answer

Option - E Request for Quotation (RFQ)

Muhammad Farooq · Answer

The most suitable option is

A. Request for proposal (RFP)

sardar mardookhy · Answer

E. Request for quotation (RFQ)

A. Request for proposal (RFP)

Krishna KHASANIS PMP · Answer

Although options A, B, D & E can all be right depending on the size of the contract, but option E appears to be most suitable in the absence of details.

Raafat Raafat · Answer

I think all of them is considered and you should respond formally.

الوردي belhoshat · Answer

There compensation each year interest

EUGENIO GONZALEZ · Answer

E. In the (RFQ) issue request, specify all details terms and tecnical specs due contract requirements

mamoun mokhtar · Answer

pleasew provide the list of formal invitations to select from

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Which of the following is a formal invitation that requests a formal response that describes the method of work and associated compensation?

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