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Dec. 16, 2010
Jay Kay
and
7 other people
answered this question
RFI vs. RFP vs. RFQ
In Government contracting an RFQ is used for acquisitions that are under the Simplified Acquisition Threshold (SAT)which is currently $150,000 and an RFP is used for acquisitions that are over that amount. See Federal Acquisition Regulations (FAR) Part 13 for simplified acquisition procedures (under $150,000)and ... more