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• In planning: The RFQ has this status until it is sent to all suppliers.
• Waiting for bids: The RFQ has this status after it has been sent to all suppliers, and before all of the supplier bids have been entered.
• All bids received: The RFQ has this status after all supplier bids have been entered.
• Closed: The RFQ has this status after it has been awarded to the winning supplier or suppliers.
• Cancelled: The RFQ has this status if a user has cancelled the RFQ.