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Page 1 of 1 BASES CONVERSION AND DEVELOPMENT AUTHORITY 2/F Bonifacio Technology Center, 31st Street Bonifacio Global City, Lagoon City Tel. No.: 5751700 LOC. 1782/1784 Fax No.: 8161030 REQUEST FOR

How to fill out request for bquotationb

How to fill out a request for quotation:

1. Research the suppliers or vendors: Before filling out a request for quotation, it is important to research and identify potential suppliers or vendors who can provide the goods or services you need. Look for reliable and reputable companies that offer competitive prices and quality products.
2. Gather required information: To fill out the request for quotation, you will need to gather essential information. This may include the quantity of goods or services needed, specifications or any unique requirements, delivery dates, and any other specific details relevant to your request.
3. Contact the suppliers: Once you have identified potential suppliers, reach out to them to express your interest in receiving a quotation. Provide them with necessary information such as your company name, contact details, and the specific goods or services you require. This can be done through phone calls, emails, or by visiting their offices.
4. Fill out the request form: Suppliers may provide a request for quotation form or template for you to fill out. This form usually contains sections to input the required information, such as the description of goods or services, quantities, specifications, desired delivery dates, and any additional notes or instructions.
5. Provide accurate details: Ensure that you provide accurate and detailed information in your request for quotation. This will help suppliers to understand your requirements clearly, enabling them to provide accurate and competitive quotations. Double-check the form before submitting it to avoid any errors or missing information.
6. Submit the request: Once you have completed the request for quotation form, submit it to the suppliers either electronically through email or through their preferred submission method. Be sure to adhere to any specific instructions provided by the supplier regarding submission.

Who needs a request for quotation?

1. Businesses: Businesses of all sizes need requests for quotation to source products or services from potential suppliers. Whether it's a small startup or a large corporation, requests for quotation help businesses make informed decisions by comparing the pricing, quality, and terms offered by different suppliers.
2. Procurement professionals: Procurement professionals within organizations are responsible for sourcing suppliers and negotiating contracts. They often utilize requests for quotation to gather information and assess the suitability of different suppliers or vendors before making purchasing decisions.
3. Government agencies: Government agencies often require goods or services from external suppliers. Requests for quotation help them obtain competitive prices and quality offerings from various suppliers in compliance with public procurement regulations.

In summary, filling out a request for quotation involves researching potential suppliers, gathering required information, contacting the suppliers, filling out the request form accurately, and submitting it to the suppliers. This process is utilized by businesses, procurement professionals, and government agencies to source products or services from different suppliers.

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What is request for quotation?

Request for Quotation (RFQ) is a document used in the procurement process to invite suppliers to submit a quotation for the supply of goods or services.

Who is required to file request for quotation?

Typically, the purchasing department or procurement team within an organization is responsible for filing a request for quotation.

How to fill out request for quotation?

To fill out a request for quotation, you need to provide details about the goods or services required, quantities needed, delivery timelines, and any specific requirements or specifications.

What is the purpose of request for quotation?

The purpose of a request for quotation is to gather pricing information from potential suppliers in order to make informed purchasing decisions.

What information must be reported on request for quotation?

Information such as the name and address of the company issuing the RFQ, details of the goods or services required, quantities, quality standards, delivery requirements, and any terms and conditions should be reported on the RFQ.