Request for Qualification (RFQ)
A document issued by the owner to request information about a contractor's experience, qualifications, and past performance.
RFQs ensure contractors have the necessary qualifications before being invited to bid, improving the selection process.
Used in a sentence
The RFQ helps us evaluate potential contractors based on their experience and capabilities.
Synonyms/variation
RFQ
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Free RFI Templates for Construction
When questions or issues arise on a construction project, it’s important to make sure everyone is on the same page. A request for information (RFI) is a document intended to clarify details that are ambiguous or absent in the construction specifications and drawings. An RFI is an official document that a party involved in a […]
RFIs: A Contractor’s Guide to Requests for Information
If a general contractor could add up all the minutes they spent waiting on a response to an RFI (Request for Information) throughout their career, they might have found that they could have gone on vacation or even built a few shopping plazas, and they can be costly too. Research has shown that an average […]
Estimate, Bid, Quote, or Proposal: What’s the Difference?
In construction, an estimate, bid, quote, and proposal can take on different meanings depending on who is using the term. Some construction professionals use the words “estimate” and “quote” interchangeably, while a bid or proposal may turn into a contract if a customer signs it. It’s a lot like the difference between Coke, cola, soda, […]
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