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Request for Quotation (RFQ) RFQ Number: Issuance Date: Deadline for Offers: For: Point of Contact:RFQ NO. JDA2018020 May 14, 2018, Thursday, May 26, 2018 4:00 PM local Kabul time Joint Development
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How to fill out request for quotations rfq

01
Gather all necessary information about the product or service you are requesting a quotation for.
02
Identify the suppliers or vendors that you want to send the RFQ to.
03
Create a list of the specific requirements or specifications that you need from the suppliers.
04
Draft a clear and concise RFQ document that includes the necessary details such as the quantity required, delivery timeline, payment terms, and any additional terms and conditions.
05
Provide a deadline for the suppliers to submit their quotations.
06
Send the RFQ to the selected suppliers either through email or using an online RFQ platform.
07
Review and evaluate the received quotations based on factors like price, quality, delivery time, and supplier reputation.
08
Communicate with the suppliers if further clarification or negotiation is needed.
09
Select the best quotation based on your evaluation and negotiate the final terms with the chosen supplier.
10
Prepare the purchase order or contract based on the agreed terms and proceed with the procurement process.

Who needs request for quotations rfq?

01
Businesses or organizations that require products or services from external suppliers or vendors.
02
Companies involved in procurement and sourcing activities.
03
Individuals or organizations planning to make a substantial purchase and want to compare offers from different suppliers.
04
Government agencies or institutions that follow a competitive bidding process for procurement.
05
Retailers or wholesalers looking to replenish their stock.
06
Anyone seeking to ensure transparency and fair pricing in the procurement process.
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RFQ is a document used in procurement to invite suppliers to submit quotations for specific products or services.
Any entity looking to procure goods or services from suppliers is required to file an RFQ.
RFQs are typically filled out by detailing the requirements for the desired products or services, including quantity, quality standards, delivery terms, and evaluation criteria.
The purpose of an RFQ is to compare and evaluate offers from different suppliers to determine the best value for the procurer.
RFQs typically require information such as product specifications, delivery requirements, pricing, terms and conditions, and evaluation criteria.
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