Get the free Quotation and Summary Sheet - umbc

To be used by departments for obtaining quotations up to $10,000.00, subject to review and approval by the Department of Procurement.

How to fill out quotation and summary sheet

How to fill out Quotation and Summary Sheet

1. Start by gathering all necessary information including client details and project specifications.
2. Open the Quotation and Summary Sheet template or create a new document.
3. Fill in the header with your company name, address, and contact information.
4. Include the client's name, address, and the date of the quotation.
5. List the products or services being quoted in detail, including quantities and pricing.
6. Calculate the total cost, including any applicable taxes or discounts.
7. Add terms and conditions, including payment terms and delivery timelines.
8. Review the document for accuracy and completeness.
9. Save the document in the appropriate format (PDF or Excel) for sending to the client.
10. Send the completed Quotation and Summary Sheet to the client via email or physical copy.

Who needs Quotation and Summary Sheet?

1. Businesses that provide products or services requiring formal pricing.
2. Sales teams needing to propose costs to potential clients.
3. Contractors and service providers preparing bids for projects.
4. Procurement departments assessing vendor proposals.
5. Any professional needing to outline costs and deliverables clearly for clients.

People Also Ask about

What is the difference between a summary and a quotation?

Paraphrasing is when you take someone else's ideas or words and rephrase them as your own . Summarizing is to give the reader an overview of the key points of a text . Quoting is when you write exactly what someone else has said, word for word .

What is the key difference between paraphrasing and summarizing?

Quotations are signalled to the reader with quotation marks and a reference. To paraphrase a text means to express its contents in your own words. The ideas are someone else's (so a reference is still needed), but the words are yours (so no quotation marks).

What is the key difference between summarizing and paraphrasing?

To paraphrase means to restate someone else's ideas in your own language at roughly the same level of detail. To summarize means to reduce the most essential points of someone else's work into a shorter form.

How do you write a quote summary?

Guidelines for summarizing a source in your paper Represent the original source accurately. Present the source's central claim clearly. Use your own words. Don't provide a long quotation in the summary unless the actual language from the source is going to be important for your reader to see.

What is the main difference between a paraphrase and a summary of source material?

Paraphrased material is usually shorter than the original passage, taking a somewhat broader segment of the source and condensing it slightly. Summarizing involves putting the main idea(s) into your own words, including only the main point(s).

What is the difference between summarizing and paraphrasing APA?

A paraphrase is a slightly condensed version of a quote or passage. A summary is a very condensed version of a passage. Paraphrases work better when you want to highlight specific, narrow points from a Source. Summaries work better when you want to explain the gist of longer parts of a source, like a whole paragraph.

What is the difference between paraphrasing and summarizing Quizlet?

Summarizing puts the text in the writer's words, while paraphrasing uses the original text. Paraphrasing is shorter than summarizing, and paraphrasing includes only the main idea. Paraphrasing puts only the main idea in the writer's words, while summarizing includes key details.

For pdfFiller’s FAQs

What is Quotation and Summary Sheet?

The Quotation and Summary Sheet is a document that summarizes the quotations provided for goods or services and consolidates the details for easy comparison and decision-making.

Who is required to file Quotation and Summary Sheet?

Organizations or individuals who are engaging in procurement processes, primarily in government or corporate sectors, are typically required to file the Quotation and Summary Sheet.

How to fill out Quotation and Summary Sheet?

To fill out the Quotation and Summary Sheet, list the quotations received from vendors, include details such as vendor names, item descriptions, quantities, prices, and any additional terms or conditions. Ensure that all entries are accurate and clearly formatted.

What is the purpose of Quotation and Summary Sheet?

The purpose of the Quotation and Summary Sheet is to facilitate the evaluation of various quotations received, streamline the procurement decision process, and provide a clear record for financial and auditing purposes.

What information must be reported on Quotation and Summary Sheet?

The information that must be reported on the Quotation and Summary Sheet includes vendor names, contact information, item descriptions, quantities, prices, total costs, delivery terms, and any notes on terms and conditions.