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City of Johannesburg Supply Chain Management UnitSUPPLIER NAME: REQUEST FOR QUOTATION FOR GOODS AND SERVICES FOR THE CITY OF JOHANNESBURG Procurement Less than R 200 000 (Including Vat) (For publication
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How to fill out request for quotations for

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How to fill out request for quotations for

01
Start by gathering all the necessary information about the product or service you need to procure.
02
Identify potential suppliers or vendors who can fulfill your requirements.
03
Prepare a Request for Quotation (RFQ) document which includes details such as product specifications, quantity needed, delivery requirements, payment terms, and any other relevant information.
04
Specify the desired format for quotations and provide a deadline for submission.
05
Send out the RFQ document to the selected vendors either through email or a procurement platform.
06
Wait for the vendors to submit their quotations within the specified deadline.
07
Review the received quotations and evaluate them based on factors like price, quality, reputation of the vendor, and any other criteria important to your organization.
08
Compare the quotations and select the most suitable vendor.
09
Negotiate the final terms and conditions with the chosen vendor, if necessary.
10
Once all negotiations are finalized, issue a purchase order or contract to the selected vendor.
11
Monitor the delivery and quality of the procured product or service to ensure compliance with the agreed terms.
12
Keep a record of all RFQs and related documentation for future reference and auditing purposes.

Who needs request for quotations for?

01
Request for quotations are needed by organizations or individuals who wish to procure products or services from external suppliers or vendors.
02
This can apply to various industries and sectors including manufacturing, construction, healthcare, IT, hospitality, and many more.
03
Requesting quotations helps in obtaining competitive pricing, comparing offers from different vendors, and selecting the best option that meets the requirements and budget of the requester.
04
It is commonly used in procurement processes to ensure transparency, fairness, and efficiency in supplier selection and contract negotiation.
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Request for quotations is used to gather pricing information from vendors for specific goods or services.
Typically, procurement departments or purchasing officers are responsible for filing request for quotations.
Request for quotations is usually filled out by specifying the details of the required goods or services, along with any relevant terms and conditions.
The purpose of request for quotations is to compare prices from different vendors to ensure the best value for the organization.
Information such as the quantity of goods/services needed, specifications, delivery requirements, and any other specific requirements must be reported on request for quotations.
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