Posted On: 01/09/2016 10:51:15 AM
Post# of 22940
$TPAC This was sent to me by private message on ihub by a friend of mine, Newbietrader10. This is a direct example of RFQ's as pertains to Boeing. Thank you to Newbietrader for this info!!!
$TPAC (RFQ Boeing Example in REAL terms):
"...For a basic solicitation of a specific quantity of product or services for a one-time buy or for a short duration with limited or simple requirements an RFQ would probably suffice. An RFQ is a less complicated solicitation with fewer requirements. It is usually used for a one-time buy although, some one-time purchases may be complicated, have tight requirements, or may require a more in-depth approach because of the variability or technical aspects of the purchase.
One of the high dollar items purchased by major airlines is heavy jet, Class D, full flight simulators (FFS). They are used by airlines to train pilots, flight crews, and mechanics on a specific aircraft fleet type such as a Boeing 747 or Airbus A-380..... They are state-of-the-art, computer software-driven, and also very expensive. A single Class D FFS costs between $10 and $14 Million dollars new, depending on the fleet type and equipment and configurations. There are a limited number of qualified and recognized Class D FFS Manufacturers that are located in Great Britain, Canada, and the United States. Each FFS is usually a one-time buy but, because of the technical nature of the product and the variations of the separate offerings, an RFQ to present minimum requirements and specifics of the purchase parameters is usually issued.
Reads VERY SIMILAR to TPAC's current process!
https://books.google.com/books?id=LrO3H4SVah0...mp;f=false
$TPAC (RFQ Boeing Example in REAL terms):
"...For a basic solicitation of a specific quantity of product or services for a one-time buy or for a short duration with limited or simple requirements an RFQ would probably suffice. An RFQ is a less complicated solicitation with fewer requirements. It is usually used for a one-time buy although, some one-time purchases may be complicated, have tight requirements, or may require a more in-depth approach because of the variability or technical aspects of the purchase.
One of the high dollar items purchased by major airlines is heavy jet, Class D, full flight simulators (FFS). They are used by airlines to train pilots, flight crews, and mechanics on a specific aircraft fleet type such as a Boeing 747 or Airbus A-380..... They are state-of-the-art, computer software-driven, and also very expensive. A single Class D FFS costs between $10 and $14 Million dollars new, depending on the fleet type and equipment and configurations. There are a limited number of qualified and recognized Class D FFS Manufacturers that are located in Great Britain, Canada, and the United States. Each FFS is usually a one-time buy but, because of the technical nature of the product and the variations of the separate offerings, an RFQ to present minimum requirements and specifics of the purchase parameters is usually issued.
Reads VERY SIMILAR to TPAC's current process!
https://books.google.com/books?id=LrO3H4SVah0...mp;f=false
(0)
(0)
Do your own DD. Assume everyone here is either an amateur trader/investor or a paid interest such as a compensated pumper/basher. My posts are strictly for entertainment purposes. I am not on Wall St., do not work for a group, and only get paid when my personal investments materialize. I am only responsible for my own gains and losses; no one is to blame for my mistakes or for any advice taken from postings; likewise, I am not to blame for any advice you take of mine, regardless of gains or losses from doing so. Good luck to all; may you live long and prosper greatly.
Scroll down for more posts ▼
