Request for Tender - $50,000 or more - A written offer received as a result of a competitive process from a supplier of goods and services, or product.
Request for Proposal - $10,000 and less than $50,000 - A written offer received from a supplier of goods and services to perform or provide a function, service or product that cannot be fully defined or specified.
Request for Quotation - $10,000 and less than $50,000 - A written offer received as a result of a competitive process from a supplier to sell goods and services.