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Request for bid and proposal

Submitted by pmptesttaker on Mon, 03/08/2010 - 20:28

 

 Whats the difference between the following: 

  1. Request for proposal.
  2. Request for bid.
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‹ delivering late or cut scope? In which group of the following tools do the tools all relate to the same process ›

Request for bid -- During

Submitted by pkukilla on Mon, 03/08/2010 - 21:21.

Request for bid -- During the time of bidding  the vendor will be selected solely based on the price quoted for the work mentioned in the procurement statement of work  for example if there is a tender for constructing bridge the seller who quotes the lowest price will be selected. Request for Bid is a Fixed type Contract

Request for proposal -- Here the buyer is  requesting for price and detailed proposal

Request for bid - proposal

Submitted by pmptesttaker on Tue, 03/09/2010 - 16:43.
Thanks for the response!

RFQ vs RFB vs RFP

Submitted by cplusplus on Sat, 03/13/2010 - 13:54.

Here is some info, i found on net:

 

http://purchasing.ucsc.edu/howto/quotes&bids.html

 

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