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"Request for quotation" vs "quotation"

Both phrases are correct, but they are used in different contexts. 'Request for quotation' is used when asking for a price quote from a supplier or vendor, while 'quotation' is used to refer to the actual price quote provided by the supplier or vendor.

Last Updated: March 17, 2024

Request for quotation

This phrase is correct and commonly used when asking for a price quote from a supplier or vendor.

This phrase is used when you want to formally ask a supplier or vendor to provide you with a price quote for goods or services.

Examples:

  • Please send us a request for quotation for the items listed in the attached document.
  • The project manager submitted a request for quotation to several potential suppliers.
  • We are in the process of preparing a request for quotation for the construction project.

Alternatives:

  • RFQ (abbreviation for Request for Quotation)
  • price quote request
  • quotation request
  • quote request
  • price estimate request

quotation

This phrase is correct and commonly used to refer to the actual price quote provided by a supplier or vendor.

This phrase is used to refer to the document or communication that contains the price quote for goods or services provided by a supplier or vendor.

Examples:

  • The supplier sent us a detailed quotation for the materials we requested.
  • Please review the quotation and let us know if you have any questions.
  • The quotation provided by the vendor was within our budget.

Alternatives:

  • price quote
  • quote
  • estimate
  • bid
  • proposal

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