Sourcing6 min read

Request For Quotation (RFQ) Template

Learn how to create a professional Request for Quotation (RFQ) that generates more accurate supplier responses, better pricing and improved project outcomes.

What Is An RFQ?

A Request for Quotation (RFQ) is one of the most effective tools for obtaining accurate pricing and proposals from suppliers.

Whether you're sourcing contractors, commissioning artwork, purchasing equipment, planning a renovation or managing a procurement project, suppliers can only provide accurate quotations when they clearly understand your requirements.

The problem is that most RFQs are incomplete.

  • Requirements are vague
  • Timelines are unclear
  • Important details are missing

The result is inaccurate pricing, supplier confusion and wasted time.

This guide explains how to create an RFQ that generates better responses and more comparable quotations.

Why RFQs Matter

A good RFQ helps suppliers understand:

What

is required

When

it is needed

How

it should be delivered

A strong RFQ creates consistency. Every supplier receives the same information and can respond on a comparable basis.

RFQ Process

Requirements
RFQ
Supplier Responses
Comparison
Supplier Selection

Why Most RFQs Fail

Common mistakes include:

Unclear requirements
Missing specifications
No budget guidance
Unrealistic timelines
Missing measurements
Poor supporting information
Too many assumptions
Incomplete scope
Suppliers can only quote accurately based on the information they receive.
Better information creates better quotations.

The WWH Approach To RFQs

Every effective RFQ should answer three questions:

WHAT

What exactly do you need?

WHEN

When do you need it?

HOW

How should it be delivered?

The WWH Framework helps create stronger RFQs by improving project definition before supplier engagement. By clarifying requirements, timing and delivery expectations upfront, you give suppliers everything they need to provide accurate, comparable quotations.

Explore The WWH Framework

RFQ Template Structure

A well-structured RFQ should include the following sections:

RFQ Template

1

Project Overview

Brief project description and context

2

Objectives

What are you trying to achieve?

3

Scope

What's included and excluded?

4

Requirements

Specifications, dimensions, materials and performance requirements

5

Timeline

Key dates and deadlines

6

Budget

Optional budget guidance

7

Deliverables

What suppliers should provide

8

Supplier Questions

Specific information suppliers should address

9

Submission Deadline

Date quotations must be received

Example RFQ

Example RFQ

Garden Transformation Project

Objective

Create a low maintenance family garden with outdoor dining space and modern planting.

Requirements

  • Approximately 80 square metres
  • Seating area for eight people
  • Composite decking preferred
  • Integrated lighting
  • Low maintenance planting

Timeline

Completion before June

Budget

£15,000 to £25,000

Deliverables

Design proposal, quotation, timeline and maintenance recommendations.

This level of detail allows suppliers to understand exactly what's required, provide accurate pricing, and identify any potential issues before work begins.

Information Suppliers Need

To provide accurate quotations, suppliers need the following information:

Measurements

Drawings

Photographs

Existing conditions

Budget expectations

Timescales

Examples

Inspiration

Comparing Supplier Responses

Supplier selection should not be based solely on price. Consider:

FactorSupplier ASupplier BSupplier C
Cost£18,500£21,200£16,800
Quality indicatorsHighPremiumStandard
Experience8 years15 years3 years
Reviews4.7/54.9/54.2/5
Guarantees5 years10 years2 years
Lead time6 weeks8 weeks4 weeks
Cost
Quality
Experience
Reviews
Guarantees
Delivery times
Sustainability
Long term value

Common RFQ Mistakes

Asking for prices too early

Without defining requirements properly, you'll get inaccurate or non-comparable quotes.

Providing insufficient information

Suppliers will make assumptions, leading to misunderstandings and variations later.

Changing requirements repeatedly

Constant changes frustrate suppliers and make comparison impossible.

Ignoring lead times

Not accounting for supplier availability and production schedules causes delays.

Comparing unlike-for-like quotations

Different scopes and specifications make direct price comparison meaningless.

Selecting purely on lowest price

The cheapest option often costs more in the long run due to quality or service issues.

The cheapest quotation is not always the best value.
Consider quality, experience, guarantees and long-term outcomes when making your decision.

How CommissionIt Helps

CommissionIt uses AI and the WWH Framework to help users create better RFQs:

Clarify requirements
Generate project briefs
Identify missing information
Estimate budgets
Create supplier-ready RFQs
Compare supplier responses

CommissionIt Workflow

Idea
WWH Framework
Project Brief
RFQ
Supplier Responses
Decision

RFQ Checklist

Before sending your RFQ, confirm you have included:

Clear objectives
Project scope
Measurements and specifications
Photos or drawings
Delivery timescales
Budget guidance where appropriate
Submission deadline
Contact information
Evaluation criteria

Final Thoughts

The quality of supplier quotations depends on the quality of the information you provide.

A clear RFQ reduces misunderstandings, improves pricing accuracy and makes supplier selection easier.

By defining What you need, When you need it and How it should be delivered, you create the foundation for a more successful project.

Related Resources

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