A Request for Quote (RFQ) document tracks your quote request to a subcontractor/vendor, and his/her response (quote/bid).
RFQs can be part of larger workflows, such as when RFQs are created from a Bid Package document and the awarded RFQ leads to a Commitment, or when a Change Order creates RFQs for those Commitments affected by the project change. However, you can also create stand-alone RFQs as needed whenever you want to record a quote from a vendor. RFQs can lead to either Commitments or Customer Change Orders (CCOs).