Procurement guide

Request For Quotation Template For Product Sourcing

Use a common RFQ to compare what suppliers are offering, what is included and which questions remain open.

Ask For The Same Information

Attach the same specification revision to each request. Ask the supplier to state departures from it, rather than quietly substituting another material, quantity or packing method.

You can copy the table below into a document, or download the blank CSV. It is a preparation tool, not a purchase order or an agreement to buy.

Two orange industrial heat-pump units with ventilation fans.
Supplier-provided equipment image. An RFQ should identify the model, quantity and equipment included in the quotation.

Copyable RFQ

Swipe or scroll across to see the full table.

RFQ fieldEntry or supplier response
RFQ reference / dateRFQ-___ / YYYY-MM-DD
Product / specification revisionProduct name; drawing or specification reference
Quantity / unitRequested quantity and unit; quote alternatives separately
Destination / target dateCountry and named place; timing requirement
Unit price / currencyCurrency, price per unit and quantity basis
Trade term / place / versionProposed Incoterms rule, named place or port, edition
Separate chargesTooling, samples, packing, freight and other one-off charges
Payment / quotation validityPayment schedule and the date the offer expires
Lead time / starting eventDuration and what must happen before the clock starts
Documents / exceptionsRequested records, departures from the specification and unpriced items

Download The Blank RFQ

Keep Trade Terms And Payment Separate

A trade term describes important delivery responsibilities, costs and risks. Record the named place and edition as well as the abbreviation. Payment dates, the transfer of ownership and remedies for a problem need separate agreement.

Do not assume that a named destination is always the point where transport risk transfers. Check the proposed rule and actual arrangements before agreeing the order.

Review The Replies

Highlight unanswered fields before calculating totals. An unpriced freight item is unknown, not free. If currencies, quantities or specifications differ, request a comparable revision.

Editorial references

Written by Brieftory. Background reading informed the general principles; product specifications and commercial terms require their own review.

  • Trade.gov: Know Your Incoterms
  • ICC Academy: C and D rules

Explore Product Requirements

Put This Into Your Sourcing Brief