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Tell : 27157534/2103 Army Institute of Technology Diff Hills Pune 411015 AIT/0810/108/1415/CD/Pro Date : Mar 2015 Due date : Mar 2015 CALL FOR QUOTATION : PROCUREMENT OF MECHATRONICS LAB EQUIPMENTS
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How to fill out call for quotation procurement

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How to fill out call for quotation procurement:

01
Start by gathering all the necessary information about the goods or services you require. This includes detailed specifications, quantities, delivery dates, and any special requirements.
02
Determine the budget allocated for the procurement and ensure it aligns with your organization's financial guidelines.
03
Create a clear and concise request for quotation (RFQ) document. Include a description of the goods or services, technical specifications, terms and conditions, and any other relevant information.
04
Identify potential suppliers or vendors who can fulfill your requirements. Consider their expertise, reputation, past performance, and pricing.
05
Send the RFQ document to the selected suppliers, providing them with a deadline for submitting their quotations.
06
Review the received quotations carefully, comparing them based on price, quality, delivery time, and other relevant factors.
07
Evaluate the suppliers' credibility and financial stability by requesting references or conducting background checks if necessary.
08
Make an objective assessment of the quotations and select the supplier who offers the best value for money and meets your requirements.
09
Negotiate with the selected supplier, if needed, to finalize the terms and conditions of the procurement.
10
Once all negotiations are complete, award the contract to the chosen supplier and communicate the decision to all involved parties.

Who needs call for quotation procurement?

01
Organizations or businesses that require goods or services to meet their operational needs.
02
Procurement departments or personnel responsible for sourcing and purchasing.
03
Public entities or government institutions that need to adhere to procurement regulations and ensure fair competition among suppliers.
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Call for quotation procurement is a formal process used to invite suppliers to submit their bids for a specific project or service.
Any organization or individual looking to procure goods or services through quotations is required to file a call for quotation procurement.
Call for quotation procurement can be filled out by providing details such as requirements, specifications, deadlines, and contact information for suppliers to submit their bids.
The purpose of call for quotation procurement is to ensure transparency, competition, and fair pricing in the procurement process.
Information such as project details, requirements, specifications, deadlines, and contact information for suppliers must be reported on call for quotation procurement.
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