About RFQs and Projects
Post project-based work, receive competitive quotes, and hire the right professional. Perfect for defined scope with fixed deliverables.
What is an RFQ?
RFQ stands for "Request for Quote." It's how you post project-based work and invite professionals to submit proposals. Unlike hourly contracts, RFQs have a defined scope and fixed price, making budgeting simple and expectations clear.
How RFQs Work
For Buyers
Define Your Project
Describe what you need, timeline, and budget range.
Receive Quotes
Qualified professionals submit competitive bids.
Compare & Choose
Review proposals, portfolios, and select the best fit.
Manage the Work
Track milestones and approve deliverables through FEED.
For Professionals
Browse RFQs
Find project-based opportunities matching your skills.
Submit Proposals
Quote your price, timeline, and approach.
Win the Work
Stand out with your expertise and portfolio.
Deliver & Get Paid
Complete milestones and receive payments per agreement.
Types of Project Work
Fixed-Price Projects
One scope, one price. Great for well-defined deliverables.
Example: Build a landing page for $2,500
Milestone-Based
Break large projects into phases with payments at each milestone.
Example: App development: Design $5K, MVP $15K, Launch $10K
Retainer Projects
Ongoing work with a monthly commitment and flexible scope.
Example: Marketing support: $3,000/month for 20 hours
Competitive Bid
Multiple professionals compete for your project. Choose the best value.
Example: Website redesign: Receive 5-10 proposals in 48 hours
Benefits of RFQ-Based Work
Clear Scope
RFQs define exactly what's needed upfront, reducing miscommunication and scope creep.
Predictable Costs
Know your total cost before work begins. No surprise invoices.
Quality Competition
Multiple qualified professionals compete for your work, ensuring competitive pricing.
Milestone Payments
Pay in stages as work is completed. Reduce risk with escrow protection.
Portfolio Review
See past work samples before hiring. Make informed decisions.
Easy Management
Track progress, communicate, and approve work all in one platform.
Projects Across Industries
RFQs work for any type of project-based professional work
Software Development
Web apps, mobile apps, APIs
Design & Creative
Branding, UI/UX, marketing materials
Engineering
CAD design, prototyping, analysis
Marketing
Campaigns, content creation, SEO
Consulting
Strategy, process improvement, training
Writing & Content
Technical writing, copywriting, translation
Frequently Asked Questions
What is the difference between an RFQ and an hourly contract?
An RFQ (Request for Quote) is for project-based work with a defined scope and fixed price. You agree on deliverables upfront and pay for completed milestones. Hourly contracts are for ongoing work where you pay for time spent, typically weekly, without a fixed end date or scope.
How do I write a good RFQ?
Be specific about deliverables, timeline, and budget range. Include examples of similar work you like. Describe your company and why this project matters. The more detail you provide, the more accurate quotes you'll receive.
How do milestone payments work?
You and the professional agree on milestones when the project begins. As each milestone is completed and approved, payment is released. Funds can be held in escrow for added security on larger projects.
What if the project scope changes?
Changes happen. If scope increases, you can negotiate a change order with the professional. FEED provides tools to document scope changes and adjust the contract terms accordingly.