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The Difference Between an RFP and an RFQ
The Difference Between an RFP and an RFQ
So, what can we say is the difference between an RFP and an RFQ? The main difference is the type of information requested and the purpose of soliciting each. An RFP requests proposals and an RFQ requests pricing from vendors for a specific service or requirement.

The Difference Between an RFP and an RFQ

 

Request for proposal is typically a lengthy document with several sections and strict requirements. It is a formalized and structured solicitation with several questions or statements that require a formal response from a vendor.