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Republic of the Philippines AURIGA DEL SUR STATE UNIVERSITY Rosario, Tan dag, Auriga del SUR Tel. No.: 0862142744 Email: SDSU BAC yahoo.com Bids and Awards Committee on Goods REQUEST FOR QUOTATION

How to fill out request for quotation rfq

How to fill out request for quotation rfq

1. To fill out a request for quotation (RFQ), follow these steps:
2. Start by including your company information, including the company name, address, contact person, and contact information.
3. Next, provide a brief introduction about your company and its background. This will give potential suppliers a better understanding of your business.
4. Clearly state the purpose of your request for quotation. What goods or services are you looking to procure?
5. Specify the quantity of goods or services you require. Be as detailed as possible to ensure accurate quotes.
6. Describe the technical specifications or any special requirements for the goods or services. This helps suppliers understand the exact expectations.
7. Include any delivery or shipping instructions, such as the desired delivery date, acceptable delivery methods, and location.
8. Indicate the desired payment terms, including any specific terms or conditions.
9. Mention any additional information you want suppliers to consider, such as quality certifications, past experience, or references.
10. Clearly state the deadline for submitting quotations. This gives suppliers a clear timeline for response.
11. Finally, provide the contact information for queries or clarifications. Ensure that potential suppliers know who to reach out to in case of any questions.
12. Once you have filled out the RFQ, distribute it to potential suppliers and wait for their quotations.

Who needs request for quotation rfq?

1. Request for quotation (RFQ) is needed by any business or organization that wants to procure goods or services from external suppliers.
2. It is commonly used by procurement departments, purchasing managers, or individuals responsible for sourcing goods or services.
3. RFQs are useful for comparing prices, quality, and terms offered by different suppliers before making a purchasing decision.
4. Businesses across various industries, such as manufacturing, construction, IT, hospitality, and healthcare, often utilize RFQs to streamline their procurement processes.

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What is request for quotation rfq?

Request for Quotation (RFQ) is a document or process used by companies to gather information from potential suppliers in order to compare and select the best vendor for their products or services.

Who is required to file request for quotation rfq?

Any company or organization looking to purchase goods or services from external suppliers may be required to file a Request for Quotation (RFQ).

How to fill out request for quotation rfq?

To fill out a Request for Quotation (RFQ), companies typically include details such as the description of the required goods or services, quantity needed, delivery requirements, and evaluation criteria for selecting a supplier.

What is the purpose of request for quotation rfq?

The purpose of Request for Quotation (RFQ) is to gather information from potential suppliers, compare pricing and capabilities, and select the best vendor to fulfill the company's needs.

What information must be reported on request for quotation rfq?

Information that must be reported on a Request for Quotation (RFQ) includes the company's requirements for goods or services, the quantity needed, delivery schedules, evaluation criteria, and any terms and conditions.