Material price information – requests for quotation (RFQs)

RFQ responses received from a bidder can be specified in the RFQ Responses (tdpur1506m000) session. An RFQ response includes one or more response lines. When the status of a response line (or alternative response line) is set to Responded in the RFQ Responses (tdpur1506m000) session, LN searches for a valid material price agreement and includes the price information data in the response line. If the RFQ is generated from a contract, the material price information is retrieved from the linked purchase contract line.

On the Pricing tab of the RFQ Responses (tdpur1506m000) session, in the Material Price group box, you can view the (material) price for the response line. On the appropriate menu of this session, click Material Price Information to view the detailed material price information in the Material Price Information (tcmpr1600m000) session.

To negotiate the bidder's responses, you can specify your counter proposals in the RFQ Negotiations (tdpur1606m000) session. An RFQ negotiation includes the responses of the bidder and counter proposals of the buyer.

On the Pricing tab of the RFQ Negotiations (tdpur1109m000) session, in the Price group box, you can view the (material) price for the negotiation line. On the appropriate menu of this session, click Response Material Price Information or Counter Proposal Material Price Information to start the Material Price Information (tcmpr1600m000) session.

Material price information can be manually updated for unacknowledged negotiation lines, or is updated by LN during the redetermination process. When the status of the RFQ response is Accepted, prices and discounts can no longer be updated.

When converting an Accepted RFQ response line to a purchase contract or purchase order, the response line's material price information is defaulted to the contract line or order line. The response line can only include a material base price. Material price surcharges and surcharge costs are calculated for the resulting purchase order line.

When converting an Accepted RFQ response line to a price book, the response line's material price information cannot be linked to the price book.