REPONS Intelligence · Procurement Intelligence

How to Prepare a Professional Industrial RFQ

What information does a supplier actually need in order to quote accurately?

Short answer

A professional industrial RFQ states, for every line: what the item is, the governing standard, material and dimensions, quantity and unit, whether an equivalent is acceptable, the required certificates, the destination and Incoterm, and the quotation deadline. RFQs that omit these force suppliers to assume, and assumptions produce offers that cannot be compared. The quality of the RFQ determines the quality of every offer that follows.

Published 2026-09-19 · Reviewed by the REPONS procurement desk · Next review 2027-03-19 · 8 min read

01Procurement Intelligence

Why weak RFQs cost money

When a line reads only "pump, 50 m³/h", three suppliers will quote three different pumps. One will assume cast iron, one ductile iron, one stainless. The prices will differ by a factor of three and none of the three offers answers the question.

The buyer then spends two weeks clarifying — after the market has already been approached, which is the most expensive moment to discover the specification was incomplete.

02Procurement Intelligence

The minimum line-item fields

Anything less than this produces guesses rather than quotations.

FieldWhy the supplier needs it
DescriptionIdentifies the item family
Standard / normDetermines manufacture and testing
MaterialDrives the largest part of the price
Dimensions / ratingSize, pressure class, voltage, capacity
Quantity and unitDetermines production run and MOQ handling
Brand requirementNamed brand, approved list, or open
Equivalent accepted?Opens or closes the alternative-source route
Certificates requiredTest reports, conformity, origin
Destination and IncotermFreight, packing and documentation
Required delivery dateDetermines feasibility before price
03Procurement Intelligence

State the equivalence policy explicitly

Write one of three sentences into the RFQ: named brand only; named brand or approved equivalent with documentation; or open to any compliant manufacturer. This single sentence changes both the price range and the number of sources available.

04Procurement Intelligence

Set the commercial frame before asking for price

Give suppliers the Incoterm and named place, the currency, the expected payment terms and the offer validity you need. Otherwise each supplier chooses its own and the comparison work lands on you.

Checklist

Before you send the RFQ

  • Every line has a unit and a quantity
  • Standards named where they genuinely apply
  • Equivalence policy stated in one sentence
  • Destination city and country given
  • Incoterm and named place stated
  • Currency and required validity stated
  • Certificates listed per line, not globally
  • Quotation deadline and contact stated
  • Drawings and datasheets attached where they exist

Send the requirement. We come back with sourced, compared offers.