Vendor Quote Requests for General Contracting

Vendor Quote Requests defines how estimators request, track, and evaluate pricing from material and equipment vendors during a bid. It covers identifying which items need vendor quotes, preparing clear RFQs, issuing them to the right vendors, managing questions, and organizing responses for comparison. The process ensures vendor pricing is timely, complete, and traceable so estimates are built on solid, documented costs instead of guess numbers.

Identify Materials and Equipment Requiring Vendor Quotes

Build and Maintain Vendor List by Category

Prepare Vendor RFQ Scopes and Quantity Summaries

Assemble RFQ Document Packages for Vendors

Issue RFQs to Vendors with Clear Deadlines and Instructions

Track RFQ Status and Follow Up with Vendors

Manage Vendor Questions and Clarifications

Receive, Log, and File Vendor Quotes

Normalize and Compare Vendor Quotes

Select Basis-of-Estimate Vendor Pricing and Update Estimate