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REQUEST FOR QUOTATION OR PROPOSAL (RFQ/RFP) INVITATION FOR BID THIS IS NOT AN ORDER SEND BIDS TO: THE PUBLIC SCHOOLS OF THE CITY OF ANN ARBOR Community Education & Recreation 1515 South Seventh Street

How to fill out request for quotation or

How to fill out a request for quotation or:

1. Start by gathering all relevant information about the product or service you require. This may include specifications, quantities, and any other specific requirements.
2. Research potential suppliers or vendors who can fulfill your needs. Look for reputable companies with a track record of delivering quality products or services.
3. Contact the identified suppliers and request a quotation. Provide them with the necessary information gathered in step 1, and ask for a detailed breakdown of costs, including any applicable taxes or fees.
4. Carefully review the received quotations, comparing prices, lead times, and any additional terms and conditions.
5. If necessary, clarify any uncertainties or seek further clarification from the suppliers. This can be done through phone calls, emails, or meetings.
6. Once you have made a decision, select the most suitable supplier based on your evaluation of the quotations and other factors such as reliability, reputation, and customer reviews.
7. Notify the chosen supplier of your decision and proceed with finalizing the purchase or service agreement. This may involve signing a contract or agreement, providing additional information, or fulfilling any prepayment requirements.

Who needs a request for quotation or:

1. Businesses or organizations looking to procure goods or services from external suppliers or vendors.
2. Individuals or companies seeking multiple price proposals for a specific product or service, allowing for better decision-making and negotiating power.
3. Government agencies or institutions with formal procurement processes that require standardized documentation and evaluation procedures.

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What is request for quotation or?

Request for quotation (RFQ) is a formal document used by procurement teams to request price quotes from suppliers for the purchase of goods or services.

Who is required to file request for quotation or?

Typically, purchasing or procurement departments within organizations are responsible for filing request for quotations.

How to fill out request for quotation or?

To fill out a request for quotation, include details about the required goods or services, quantity needed, delivery requirements, and any specific terms and conditions.

What is the purpose of request for quotation or?

The purpose of request for quotation is to gather competitive price quotes from multiple suppliers to ensure the best value for the organization.

What information must be reported on request for quotation or?

Information such as item description, quantity needed, desired delivery date, payment terms, and any special requirements should be reported on request for quotation.