Operations2026-06-22 · 1 min read
When to Use an RFQ Tender in Your Housing Society
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When to use an RFQ tender in your society
Run a formal RFQ whenever spend is material, the contract runs 12+ months, or members have questioned past vendor awards. Common triggers:
| Scenario | Typical annual spend |
|---|---|
| Security agency renewal | ₹12–24 lakh |
| Housekeeping / FM | ₹6–15 lakh |
| Lift AMC | ₹1–3 lakh |
| Painting / civil works | ₹5–30 lakh (periodic) |
Also use RFQs before AGM when the agenda includes vendor approval — members can see quotes and poll results in advance.