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Is the Invitation to Quote (ITQ) template mandatory when soliciting quotes for purchases less than $100,000?

It is considered best practice to use the Invitation to Quote (ITQ) templates when soliciting quotes from suppliers; however, it is not mandatory. Whether the template is used or not, suppliers should be provided with identical information, which focuses on performance and functional specifications rather than design characteristics.

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Last Updated:  October 19, 2020
General Procurement – Categories