Which document is used internally to request prices for materials needed for a project?

The purchase requisition is the correct document used internally to request prices for materials needed for a project. This document serves as an official request from a department or team to the purchasing department, outlining what materials are needed, the quantities, and any specific specifications. It is a critical part of the procurement process, allowing organizations to manage inventory and costs effectively.

In contrast, a stock request is typically used to request replenishment of existing inventory rather than for new projects. A material order generally refers to the formal order placed with a supplier once pricing has been confirmed, and thus comes later in the process. A cost estimate is focused on projecting the overall costs involved in a project, rather than specifically requesting pricing for materials. By understanding the purchase requisition's role, it’s clear why it is essential for accurately determining material costs before placing official orders.