A Request for Qualification (RFQ) in the context of construction is a formal document that is used by project owners to solicit bids from potential contractors or suppliers for a construction project. The purpose of an RFQ is to pre-qualify potential vendors based on their qualifications, experience, and capabilities to ensure that they are capable of successfully completing the project. This process helps project owners to identify and select the most suitable vendors for their specific project requirements.The RFQ typically includes information about the project scope, specifications, and requirements, as well as instructions on how to submit a proposal. Vendors are required to provide detailed information about their company's experience, capabilities, financial stability, and relevant past projects. The project owner will then evaluate the responses
What is Request for Qualification (RFQ)?
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