LO 3 Flashcards

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1
Q

Call for tender

A

Asking for bidders to submit bids.

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2
Q

Request for qualifications (RFQ)

A

Screening process to look for experience and qualifications.

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3
Q

Invitation to tender

A

Announcement request for quote, some only by invitation.

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4
Q

Request for quote

A

Informal request with no obligations or conditions.

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