RFQ Procedure
This topic explains the request for quotation (RFQ) procedure in Projects.
- Use the Estimate Lines (tpest2100m000) session to specify the Estimate line(s) for which an RFQ is required.
- Select the Requests for Quotation option from the appropriate menu.
- In the Request for Quotation (tdpur1600m000) session, add bidders to the RFQ line.
- Receive Response(s) using the Request for Quotation (tdpur1600m000) session.
- Verify the responses and update the Buy-from BP, Price, and Date in the Estimate Lines (tpest2100m000) session. Note: Origin of price must be set to RFQ.
- You can also convert the response to a price book and update the estimate line.