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Request for Quotation RFQ201819 Pine Acres Fire Panelist date: December 20, 2018, Closing date: 2:00pm PST, January 17, 2019Prepared by: West bank First Nation Purchasing Department 301515 Highway

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How to fill out request for quotation

01

Start by gathering all the necessary information about your requirements, such as the products or services you need, the quantity, specifications, and any other relevant details.

02

Prepare a clear and concise description of your requirements, including any specific features, customization options, or delivery preferences.

03

Research potential suppliers or vendors who can fulfil your requirements. You can explore online directories, ask for recommendations, or reach out to industry contacts.

04

Contact the selected suppliers and provide them with your request for quotation. This can be done via email, online forms, or through dedicated platforms.

05

Clearly state the deadline for submitting the quotations and specify any other important instructions or terms.

06

Understand and review the quotations received from different suppliers. Evaluate them based on pricing, quality, delivery terms, and other relevant factors.

07

If necessary, ask for clarifications or negotiate with the suppliers to ensure that all your requirements are well understood and addressed.

08

Select the supplier who offers the best combination of price, quality, and terms. Notify them of your decision and address any further details or concerns.

09

Obtain a formal quotation from the selected supplier, including all the agreed-upon terms, pricing, and delivery schedule.

10

Review the quotation one last time to ensure it accurately reflects your requirements. If everything is satisfactory, you can proceed with issuing a purchase order or further negotiations.

Who needs request for quotation?

01

Request for quotation is needed by individuals or organizations who are seeking to procure products or services from external suppliers.

02

This can include businesses looking for raw materials, components, or finished goods, as well as individuals or organizations in need of specialized services.

03

By requesting quotations, they can compare pricing, quality, and terms offered by different suppliers to make an informed decision.

04

Request for quotation is particularly common in industries such as manufacturing, construction, IT, and services, where sourcing from external suppliers is routine.

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What is request for quotation?

A request for quotation is a document used in procurement processes to solicit quotes from potential suppliers for goods or services.

Who is required to file request for quotation?

Typically, the procurement department or purchasing agent is responsible for filing a request for quotation.

How to fill out request for quotation?

To fill out a request for quotation, you will need to provide details about the goods or services needed, quantity required, delivery terms, and any other relevant information for suppliers to prepare accurate quotes.

What is the purpose of request for quotation?

The purpose of a request for quotation is to gather competitive pricing from potential suppliers to ensure the best value for the organization.

What information must be reported on request for quotation?

Information such as product specifications, quantity needed, delivery requirements, payment terms, and any evaluation criteria can be reported on a request for quotation.

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