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RFQ

Hi all,

What is the difference between, Deadline field and Validity end filed in RFQ (ME41).

Validity start and refers to which period?.

Thanks.

replied

Hi,

Quotation Deadline date represents the Deadline for Submission of Bid/Quotation. i.e

Date by which the vendor is to submit the quotation.

Validity Start : Represents the conditions in the quotation should be valid from that date.

Validity End: Represents the conditions in the quotation should be valid till that date.

Eg.: Company 'ABC' floats a RFQ for procurement of material 'YY' on 05.09.2008. The quotation submission deadline is 15.09.2008 and the quotation should be valid from 15.09.2008 to 14.09.2009

Sometimes, people refer the Validity End date as same as deadline date of the quotation submission.

Hope, this clarifies.

Regards,

Narayana.

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