1 / 6

Step-by-Step RFQ Process

A Request for Qualifications (RFQ) usually refers to the pre-qualification stage of the procurement process. Only those proponents who successfully respond to the RFQ and meet the qualification criteria will be included in the subsequent Request for Proposals (RFP) solicitation process. Website: http://esupplier.in/

esupplierin
Download Presentation

Step-by-Step RFQ Process

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Step-by-Step RFQ Preparation Process

  2. Define the Objective Preparation is the key to a successful procurement process. It is important to prepare the RFQ document so that it solicits the precise information you need to make a decision. In order to do so, first define exactly what you are asking for. Providing detailed information in the RFQ document will not only solicit better and more accurate responses from the proponents, but it will make it easier for the selection committee to make an informed decision regarding which respondents should be short-listed.

  3. Draft the RFQ Document Once the requirements are fully defined, the RFQ document may be drafted and the evaluation criteria may be determined. Be sure that the RFQ provides enough information to allow proponents to understand the nature of the opportunity, as well as the information and qualifications that your organization is looking for. The RFQ should also explain the pre-qualification process, including key terms and conditions, the anticipated schedule for the pre-qualification process, as well as the evaluation criteria.

  4. Issue the RFQ Document You may choose to issue the RFQ through your own distribution and contact lists. However for specialist services (engineers, building contractors, architects, business consultants, etc.) you may want to work with “gateway organizations” with the ability to circulate the RFQ document to a broad range of potential proponents. If you are distributing the RFQ through a variety of outlets, you will need to coordinate with them to ensure that the RFQ is released by all distributing organizations on the same date.

  5. Evaluate and Select Once the organization receives the proposals on the specified due date, they are passed to the evaluation committee for assessment. Make sure that the criteria are relevant to your needs. For example, if certain skills are critical to the success of the project, be sure to rate those required skills as a strong priority. Also be sure to clearly define the evaluation criteria in the RFQ and to stick to the specified criteria when evaluating the responses.

  6. eSupplier.in 7th Floor, Onyx Business Center O.P. Road Baroda - 390007 Email : info@esupplier.in Phone 09898067750 @+116783224190621929420 @esupplier.in WWW.ESUPPLIER.IN

More Related