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What is r-quot?
r-quot stands for Request for Quotation. It is a document used in procurement to invite suppliers to submit their offers for a product or service.
Who is required to file r-quot?
Any organization or individual looking to procure goods or services from suppliers may be required to file a r-quot.
How to fill out r-quot?
To fill out a r-quot, the requester must provide details about the product or service needed, quantity required, delivery timeline, and any specific requirements.
What is the purpose of r-quot?
The purpose of a r-quot is to gather competitive bids from suppliers in order to select the best offer based on price, quality, and other criteria.
What information must be reported on r-quot?
Information such as product or service specifications, quantity needed, delivery requirements, and any special terms and conditions must be reported on a r-quot.
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