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Tell : 27157534/2103 Army Institute of Technology Diff Hills Pune 411015 AIT/0810/92/1415/CD/Pro Date : 19 Jan 15 Due date : 31 Jan 15 CALL FOR QUOTATION : PROCUREMENT OF DIGITAL MULTIMETER FOR NETWORK
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How to fill out call for quotation procurement

01
Start by gathering all the necessary information for the procurement process, such as the specifications and requirements of the product or service needed, the desired quantity, and the budget allocated for the procurement.
02
Identify potential suppliers or vendors who can provide the required product or service. This can be done through market research, referrals, or by reaching out to industry contacts.
03
Draft the call for quotation document, which should include a clear and concise description of the required product or service, the desired specifications, any specific timeline or delivery requirements, and the expected budget or pricing range.
04
Ensure that the call for quotation document is aligned with the procurement policies and procedures of your organization or institution. This may involve consulting with the procurement department or following specific guidelines provided.
05
Distribute the call for quotation to the identified suppliers or vendors. This can be done through email, mail, or by publishing it on relevant online platforms or procurement portals.
06
Set a deadline for the submission of quotations, allowing enough time for suppliers to prepare their proposals. Ensure that the deadline is clear in the call for quotation document and communicate it effectively to the suppliers.
07
Review the received quotations thoroughly, evaluating them based on the specified criteria, such as price, quality, delivery terms, and compliance with the required specifications.
08
Conduct a comparative analysis of the received quotations to determine the most suitable supplier or vendor for the procurement. This may involve creating a matrix or scoring system to objectively assess each proposal.
09
Prepare a recommendation report or summary, highlighting the chosen supplier or vendors and explaining the reasons for the selection. This report may be required for internal reviews, approvals, or to provide transparency in the procurement process.
10
Communicate the selection decision to the chosen supplier or vendors as well as to the unsuccessful ones. Ensure that this communication is done promptly and professionally, providing any necessary feedback or clarifications if requested.
11
Follow up with the chosen supplier or vendors to finalize the procurement process, including negotiating the final terms and conditions, signing the necessary contracts or agreements, and arranging for the delivery or implementation of the product or service.
Who needs call for quotation procurement?
01
Organizations or institutions that require procurement of goods or services.
02
Procurement departments or professionals responsible for sourcing and acquiring products or services.
03
Suppliers or vendors who wish to participate in the procurement process and have the capability to fulfill the requirements outlined in the call for quotation.
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What is call for quotation procurement?
Call for quotation procurement is a process in which a company requests price quotes from potential suppliers for the procurement of goods or services.
Who is required to file call for quotation procurement?
Any organization or company looking to purchase goods or services through a competitive bidding process may be required to file a call for quotation procurement.
How to fill out call for quotation procurement?
Call for quotation procurement forms can typically be filled out online or submitted in person to the procurement department of the organization.
What is the purpose of call for quotation procurement?
The purpose of call for quotation procurement is to obtain competitive pricing and select the best supplier based on price, quality, and other criteria.
What information must be reported on call for quotation procurement?
Information such as the name of the organization, description of goods or services needed, deadline for submission, and evaluation criteria must be reported on call for quotation procurement.
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