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State of California Technology AgencyREQUEST FOR QUOTATION (RFQ) INFORMATION TECHNOLOGY (IT) GOODS AND SERVICES BID DUE DATE: 05/ 21/12 no later than 5:00 PM (PDT) Supplier name and address:Responses
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How to fill out request for quotation rfq

How to fill out request for quotation rfq
01
To fill out a request for quotation (RFQ), follow these steps:
1. Identify the required product or service that you are seeking quotations for.
02
Research potential suppliers or vendors that can provide the product or service.
3. Prepare a list of specifications or requirements for the product or service.
03
Create a request for quotation document, including details such as the description of the product or service, quantity needed, delivery timeline, and any other relevant information.
04
Send the RFQ document to the selected suppliers or vendors, either through email or an online procurement portal.
05
Provide a deadline for the suppliers or vendors to submit their quotations, usually giving them ample time to review and prepare their proposals.
06
Review the received quotations, comparing factors such as price, quality, delivery terms, and additional services offered.
07
Select the most suitable supplier or vendor based on your evaluation criteria.
08
Notify the chosen supplier or vendor and finalize the terms of the purchase or contract.
09
Keep records of the RFQ process for future reference and audit purposes.
Who needs request for quotation rfq?
01
Request for quotation (RFQ) is typically needed by organizations or individuals who are seeking to purchase products or services from external suppliers or vendors.
02
This can include businesses, government agencies, educational institutions, non-profit organizations, and other entities that require quotations to make informed purchasing decisions.
03
RFQs are commonly used in procurement and supply chain management processes, allowing buyers to compare multiple offers and select the supplier that best meets their requirements at the most favorable terms.
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What is request for quotation rfq?
Request for Quotation (RFQ) is a document used in procurement to invite suppliers to submit a quote for the supply of goods or services.
Who is required to file request for quotation rfq?
Typically, procurement or purchasing departments are responsible for filing the request for quotation RFQ.
How to fill out request for quotation rfq?
Fill out the RFQ by specifying the goods or services needed, the quantity required, delivery terms, and any other relevant information for suppliers to provide accurate quotes.
What is the purpose of request for quotation rfq?
The purpose of RFQ is to gather competitive quotes from suppliers to compare prices and quality of goods or services before making a purchasing decision.
What information must be reported on request for quotation rfq?
Information such as specifications of goods/services needed, quantity required, delivery terms, evaluation criteria, and any other requirements should be included in the RFQ.
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