In the world of business travel, the abbreviation PQQ stands for pre-qualification questionnaire. This is commonly used by companies who are on the cusp of placing their travel contract out to tender.
This exercise is designed to simplify and reduce the costs associated with a tender by ruling out travel management companies (TMCs) that don’t fit desired criteria.
Through asking questions based on financials, accreditations, location of office & number of employees, the questionnaire’s purpose is to ascertain a TMC’s financial, operational & commercial capabilities and ultimately, whether they could be a potential supplier.