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Malta Resources Authority Millennia, Aldo Moro Road, Maria MRS 9065 Malta Telephone: (356) 21220619 Fax: (356) 22955200 Call for Quotations Closing Date: 6th September 2013 at 10:00 am Date Published:
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How to fill out call for quotations
How to fill out a call for quotations:
01
Understand the requirements: Carefully read and understand the project or product specifications for which you require quotations. Take note of the scope of work, delivery timelines, and any specific requirements.
02
Identify potential suppliers: Research and identify potential suppliers who can provide the goods or services you need. Consider their expertise, experience, and reputation in the market.
03
Prepare the call for quotations document: Create a clear and detailed document outlining the specifications, requirements, and expectations for the project. Include information such as the deadline for submitting quotations, the format they should be submitted in, and any additional documents required.
04
Draft a request for quotation letter: Write a professional letter addressed to potential suppliers requesting quotations for the project. Clearly state the purpose of the letter, attach the call for quotations document, and provide instructions on how to submit the quotations.
05
Distribute the call for quotations: Send the request for quotation letter and accompanying documents to the identified potential suppliers. You can distribute it via email, traditional mail, or through an online platform, depending on your preferred method of communication.
06
Review and evaluate the received quotations: Once the deadline for submitting the quotations has passed, carefully review and evaluate each received quotation. Consider factors such as price, quality, delivery timelines, and any additional terms or conditions stated.
07
Select the most suitable supplier: Based on your evaluation, select the supplier who best meets your requirements. Consider factors such as their pricing, ability to deliver on time, quality standards, and any other specific needs outlined in the call for quotations.
08
Award the contract: Notify the selected supplier and negotiate any specific terms or conditions before finalizing the contract. Make sure to communicate your decision to the other suppliers who submitted their quotations, thanking them for their time and effort.
09
Follow up: Once the quotation process is complete and a supplier has been selected, closely monitor the progress of the project or delivery to ensure the supplier meets the agreed-upon terms and conditions.
Who needs call for quotations?
01
Organizations procuring goods or services: Any organization that needs to purchase goods or services can benefit from issuing a call for quotations. This can include businesses, government agencies, educational institutions, and nonprofit organizations.
02
Project managers: Project managers across various industries may require call for quotations to identify potential suppliers and gather competitive pricing and proposals for their projects.
03
Purchasing departments: For organizations with dedicated purchasing departments, issuing a call for quotations is a standard practice to ensure they obtain the best value for the goods or services they require.
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What is call for quotations?
A call for quotations is a formal request for suppliers to submit their proposal for the goods or services needed by an organization.
Who is required to file call for quotations?
Typically, purchasing departments or procurement teams within an organization are responsible for filing call for quotations.
How to fill out call for quotations?
Call for quotations can be filled out by specifying the requirements, terms and conditions, deadline, and evaluation criteria for the potential suppliers.
What is the purpose of call for quotations?
The main purpose of call for quotations is to ensure transparency, competition, and value for money in the procurement process.
What information must be reported on call for quotations?
Information such as the description of goods or services needed, quantity, quality standards, delivery requirements, terms of payment, and evaluation criteria must be included in call for quotations.
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