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PURCHASING DEPARTMENT COUNTY OF STEUBEN 3 East Sultana Square Bath, New York 14810 6076642484 Request for Quotation Professional Services DATE: October 2, 2013, RE: Drug Testing Services; Document
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What is request for quotation?
A request for quotation (RFQ) is a document used in procurement to solicit competitive bids from potential suppliers for a specific product or service.
Who is required to file request for quotation?
The entity or individual responsible for initiating the procurement process is typically required to file the request for quotation. This can vary depending on the organization and its procurement policies.
How to fill out request for quotation?
To fill out a request for quotation, you generally provide information about the desired product or service, specify any requirements or criteria, and indicate the deadline for submitting bids. The exact process may vary depending on the specific RFQ form or platform being used.
What is the purpose of request for quotation?
The purpose of a request for quotation is to obtain competitive price quotes from potential suppliers in order to make an informed purchasing decision. It helps in comparing the offerings, negotiating terms, and selecting the most suitable supplier for a particular procurement need.
What information must be reported on request for quotation?
Typically, a request for quotation includes details such as the description of the desired product or service, quantity required, any specific requirements or specifications, delivery timelines, pricing structure, payment terms, and contact information for submitting the bids.
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