What is a request for qualifications (RFQ) report?

A request for qualifications (RFQ) report is a document prepared by a procurement agency or organization seeking services or goods. The RFQ report outlines requirements and specifications for potential vendors and providers to meet. The report also contains instructions and guidelines for interested parties to submit their qualifications, such as experience, references, and certifications. The evaluation criteria and selection process are also included in the RFQ report. The purpose of the RFQ report is to identify potential vendors or providers who meet the qualifications needed for a specific project or contract, and to ultimately select the most qualified entity to fulfill the procurement need.

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