What's the difference between an RFP and an RFQ?
An RFP asks for full proposals when the award weighs factors beyond price; an RFQ asks for price quotes on a well-defined, usually lower-dollar buy.
A Request for Proposal (RFP) is used when the government will consider more than price, such as technical approach and past performance, often in a best-value tradeoff. It lays out the requirement, submission instructions (Section L), and evaluation factors (Section M), and it expects a substantial written proposal.
A Request for Quotation (RFQ) is lighter weight. The requirement is well defined, often ordered against an existing vehicle like a GSA Schedule, and the emphasis is on price and delivery. In short: RFP means compete on merit and price, RFQ usually means quote a price on a clear spec.
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Related terms: RFP, RFQ, RFI, LPTA vs. best value