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REQUEST FOR QUOTE (RFQ) 3067137 DUE DATE: ON OR BEFORE 11:00 A.M. PST ON TUESDAY (07/30/2013) REQUEST FOR QUOTATION (RFQ) 3067137 THIS IS NOT AN ORDER! DATE: 07/25/2013 This Request for Quotation
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How to fill out request for quotation rfq

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01
Determine the purpose of the request for quotation (RFQ). Understand why you need to request a quote and what specific information you require from the potential suppliers. This clarity will help you outline the necessary details in the RFQ.
02
Research potential suppliers. Look for suppliers who specialize in the product or service you need and have a good track record of quality and reliability. Consider factors like price, delivery time, customer reviews, and any specific requirements you may have.
03
Create a clear and concise RFQ document. Start with a brief introduction explaining your organization, the purpose of the RFQ, and any background information that may be relevant to potential suppliers. Clearly state the deadline for submissions and provide contact information for any inquiries.
04
Specify the product or service details. Provide a detailed description of what you are looking to procure, including any specifications, quantities, or technical requirements. The more specific and accurate your description is, the better the quotes you receive will match your needs.
05
Include evaluation criteria. If there are specific factors that you will consider when evaluating the quotes, such as price, quality, or previous experience, state them clearly in the RFQ. This will help suppliers understand what is important to you and allow for an accurate comparison of bids.
06
Request additional information or documents if necessary. If there are any specific certifications, licenses, or other supporting documentation that potential suppliers should provide, state those requirements clearly in the RFQ.
07
Define the submission process. Specify how potential suppliers should submit their quotes, whether it is through an online portal, email, or a physical submission. Outline any specific formatting or labeling requirements to ensure a consistent and organized review process.
08
Review and finalize the RFQ. Take the time to proofread and edit the RFQ document for clarity, accuracy, and completeness. Make sure all the necessary information is included and that it aligns with your organization's procurement policies or any legal requirements.

Who needs request for quotation (RFQ)?

RFQs are commonly used by businesses, organizations, and even government agencies that are looking to procure goods or services from external suppliers. Essentially, anyone who wants to compare quotes from potential suppliers before making a purchasing decision can benefit from using an RFQ process. This can range from small businesses seeking office supplies to large corporations looking for complex machinery or services. RFQs provide a structured and transparent approach to acquire the desired products or services.
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RFQ stands for Request for Quotation. It is a document used in procurement to invite potential suppliers to submit a quotation for goods or services.
Typically, the procurement department or purchasing manager is responsible for filing a request for quotation RFQ.
To fill out an RFQ, you need to provide details about the required goods or services, specifications, quantity needed, delivery requirements, and any other relevant information.
The purpose of an RFQ is to gather information and pricing from potential suppliers to make informed purchasing decisions.
Information such as the company name, contact information, description of the goods or services needed, quantity, delivery requirements, and any specific terms and conditions.
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