Request for quotation (RFQ)

noun · updated Aug 2026

Definition

Request for quotation (RFQ) is a request for quotation (RFQ) is a formal buyer document asking suppliers to submit pricing and terms for a defined scope — often initiated after event meetings.

RFQs are a success signal after matchmaking. Help exhibitors prepare compliant response kits. Organizers should not intermediate commercial RFQs, but can educate on post-show process.

Direct answer

A request for quotation (RFQ) is a formal buyer document asking suppliers to submit pricing and terms for a defined scope — often initiated after event meetings.

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