A PPQ Tender is a pre-paid quotation model where corporate travel components are booked at a fixed rate and paid in advance to secure cost certainty.
A PPQ tender (short for pre-paid quotation tender) is a pricing approach in corporate travel whereby travel services such as flights or hotels are agreed upon at a predetermined rate and paid for in advance. This mechanism enables companies to secure prices in advance, offering robust cost control and improved budget predictability. It is particularly useful for managing large-scale or repetitive travel programmes, and aligns well with financial planning goals.