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Republic of the Philippines PROVINCE OF SOUTHERN LEFT Main City Standard Form No.: SFGOOD60 Revised on: May 24, 2004, Standard Form Title:Project Reference No. 111 Name of the Project: Location of
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It is usually the lowest price a supplier is willing to offer for a product or service.
Suppliers or vendors are typically required to provide their lowest quote when submitting a bid for a project or contract.
To fill out a 'please quote your lowest' form, suppliers need to enter the price they are willing to offer for the product or service being requested.
The purpose is to obtain the best possible price from suppliers in order to make an informed decision on who to award the contract or project to.
Suppliers must report the price they are willing to offer and any terms or conditions that may apply.
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