Federal Construction has a rule book called the Federal Acquisition Regulations. Two key FAR's that we reference in the workshop are 15.305 and 13.004
In the workshop we discuss FAR 15.305 part 2 sub-section iii which states:
The evaluation should take into
account past performance information
regarding predecessor companies, key
personnel who have relevant experience,
or subcontractors that will perform
major or critical aspects of the
requirement when such information is
relevant to the instant acquisition.
This may be key to you getting your first federal contract, or helping you get a contract for a type of work you have not performed before.
FAR 13.004 (a):
A quotation is not an offer and, consequently, cannot be accepted by the Government to form a binding contract. Therefore, issuance by the Government of an order in response to a supplier’s quotation does not establish a contract. The order is an offer by the Government to the supplier to buy certain supplies or services upon specified terms and conditions. A contract is established when the supplier accepts the offer.
THE ABOVE IS THE SUBSTANTIATION THAT RFQ'S ARE NO RISK.