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6 Key Elements of Successful RFPs and RFQs

Public Contracting Institute

Understanding the Fundamentals RFPs and RFQs are both tools used in government contracting, but they serve different purposes. An RFP is typically used for complex projects where the agency needs detailed proposals, while an RFQ is more suitable for simpler purchases where price is the primary factor.

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ProcureWare Product Tip – Top 10 new features for 2017

Procureware

Supplier view of contracts In the interest of transparency, many public agencies post supplier contract information on their website or supplier portal. Typically, it includes basic information: what was purchased, how much did it cost, when does the contract expire, and who holds the contract.

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Contract Types Government Agencies Use Most

Select GCR

Material Costs In time and materials contracts, managing material costs is vital to controlling overall project expenses. These contracts allow for reimbursement of actual material costs incurred, which must be documented and justified.