TQ
Technical Quote
Definition
A Technical Quote is the technical portion of a quotation submitted in response to a Request for Quotation. TQs describe the proposed product or service, technical specifications, delivery approach, and compliance with stated requirements.
While RFQs are typically price-focused, technical quotes may still be evaluated for compliance and acceptability. TQs should clearly demonstrate that offered products or services meet all technical requirements. For commercial items, TQs may reference commercial specifications and standard configurations. Understanding RFQ evaluation approaches helps contractors calibrate TQ detail and effort appropriately.
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