The Minimum Spanning Tree Problem (MSTP) is one of the most known combinatorial optimization problems. It concerns the determination of a minimum edge-cost subgraph spanning all the vertices of a given connected graph. The Quadratic Minimum Spanning Tree Problem (QMSTP) is a variant of the MST whose cost considers also the interaction between every pair of edges of the tree. In this paper we review different strategies found in the literature to compute a lower bound for the QMSTP and develop new bounds based on a reformulation scheme and some new mixed 0-1 linear formulations that result from a reformulationlinearization technique (RLT). The new bounds take advantage of an efficient way to retrive dual information from the MSTP reduced cost computation. We compare the new bounds with the other bounding procedures in terms of both overall strength and computational effort. Computational experiments indicate that the dual-ascent procedure applied to the new RLT formulation provides the best bounds at the price of increased computational effort, while the bound obtained using the reformulation scheme seems to tradeoff between the bound tightness and computational effort.