You are completing the requirements for vendor selection and need to create a procurement form that will ask the vendor to provide only a price for commercial- off-the-shelf solution.
What type of procurement form will you need to provide to the vendor?
To ask the vendor to provide only a price for a commercial-off-the-shelf (COTS) solution, you would need to provide a Request for Quote. This type of procurement form is specifically used to solicit pricing information from vendors for specified products or services, without requiring detailed proposals or additional information beyond the cost.
pg361 babok
Babok V3 p450. request for quote (RFQ): A procurement method of soliciting price and solution options from vendors
Babok V3 p.450 Request for quote (RFQ): A procurement method of soliciting price and solution options from vendors
Request for Proposal. The RPF outlines your requirements, expectations, evaluation criteria, and terms for the COTS product or service you are seeking. It helps vendors understand your needs and submit proposals detailing how their solution meets your criteria.