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Quotation may be submitted in the sealed envelope on or before October 1 2014 2. 30 pm and drop in person/ by courier to the address below United Nations Development Programme UNDP Registry IDB Bhaban 12th Floor Agargaon Sher-E-Bangla Nagar Dhaka Bangladesh. Rezwana H. Chaity Vendor may send the in query/queries to the below mentioned email for clarification related to this RFQ on or before September 21 2014 by 2 p.m. mentioning in subject line Queries on RFQ-BD2014-031 in below e-mail bd....

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How to fill out request for quotation rfq

01

Step 1: Start by gathering all the necessary information and documents required for the request for quotation (RFQ). This may include product specifications, quantity needed, delivery requirements, and any special instructions.

02

Step 2: Identify potential suppliers or vendors who can fulfill your requirements. This can be done by conducting market research, reaching out to industry contacts, or using a supplier database.

03

Step 3: Prepare the RFQ document. This typically includes a cover letter, a detailed description of the products or services needed, terms and conditions, and any additional requirements or expectations.

04

Step 4: Issue the RFQ to the selected suppliers. This can be done through email, online portals, or traditional mail.

05

Step 5: Set a deadline for the suppliers to submit their quotations. It is advisable to provide a reasonable amount of time for them to prepare their best offers.

06

Step 6: Evaluate the received quotations based on factors such as price, quality, delivery schedule, payment terms, and supplier reputation.

07

Step 7: Select the most suitable supplier based on the evaluation and negotiate the final terms and conditions if necessary.

08

Step 8: Award the contract to the chosen supplier and communicate the decision to all participating suppliers.

09

Step 9: Monitor the supplier's performance throughout the contract and provide regular feedback to ensure adherence to the agreed-upon terms.

10

Step 10: Review the RFQ process after completion to identify any areas for improvement and incorporate the lessons learned into future procurement activities.

Who needs request for quotation rfq?

01

Manufacturing companies that require raw materials or components from suppliers.

02

Construction firms that need to source equipment, materials, or subcontractors for their projects.

03

Retailers or wholesalers seeking to purchase products for resale.

04

Government agencies and public institutions procuring goods or services.

05

Service providers soliciting bids for outsourcing or subcontracting work.

06

Any organization or individual looking to compare prices and terms from multiple suppliers before making a purchasing decision.

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What is request for quotation rfq?

RFQ is a document used in procurement in order to invite suppliers to submit a bid for the supply of goods or services.

Who is required to file request for quotation rfq?

Any organization or individual looking to procure goods or services from suppliers.

How to fill out request for quotation rfq?

RFQ should be filled out with detailed requirements, specifications, and terms of the procurement.

What is the purpose of request for quotation rfq?

The purpose of RFQ is to gather competitive bids from suppliers to ensure the best value for the procurement.

What information must be reported on request for quotation rfq?

RFQ should include details on the products or services required, quantity, quality standards, delivery timeline, and payment terms.

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