Specification tool

RFQ Completeness Analyzer

Three bids that differ by 40% usually aren't three prices for the same thing — they're three different interpretations of an incomplete RFQ. Tick what your document already covers and this will show you the gaps that cause it, ranked by how much price variance each one creates. It also writes the missing scope language for you.

Faztek Industrial Solutions
RFQ Completeness Review

Project details

used in the generated language

Generated scope language

covers what you haven't defined

Paste this into your RFQ and fill the bracketed values. It is written to be vendor-neutral — nothing in it favours any particular supplier or construction method.

RFQ completeness
0/100
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Expected bid spread

—
how far apart comparable bids are likely to land

By section

Why incomplete RFQs cost more than they save

  • You can't compare the bids. If installation isn't specified, one supplier includes it and three don't. The cheapest bid wins and then bills for it.
  • You pay for the ambiguity twice. Suppliers who read the scope generously price the risk in. Suppliers who read it narrowly price it out and recover it in change orders.
  • Requote cycles eat the schedule. Every clarification round is typically three to five days.
  • Good suppliers sometimes don't bid at all. An RFQ that can't be priced accurately is a risk they may decline, which leaves you choosing among whoever was willing to guess.

This tool reviews the completeness of a request for quotation. It is not legal or contractual advice, does not constitute a compliance review, and the generated language is a starting point to be adapted to your organisation's terms and reviewed by the people who own them.