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Republic of the Philippines Region XII Province of CotabatoMunicipality of Maxilla OFFICE OF THE BIDS AND AWARD COMMITTEE REQUEST FOR QUOTATION (Shopping) Date: March 19, 2019, Shopping #: 201903028
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How to fill out request for quotation shopping

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How to fill out request for quotation shopping

01
Start by collecting all the necessary information about the products or services you want to purchase.
02
Identify the suppliers or vendors you are interested in getting quotes from.
03
Prepare a document or email template to serve as your request for quotation (RFQ).
04
Begin the RFQ by clearly stating your company's name, contact information, and the purpose of the request.
05
Provide detailed specifications or descriptions of the products or services needed, including any preferred brands or models.
06
Indicate the quantity or volume of the items required and specify the desired delivery timelines.
07
Include any additional requirements or specifications, such as warranty, packaging, or customization options.
08
Specify the pricing terms you are looking for, such as fixed pricing, volume discounts, or any applicable taxes or shipping costs.
09
Set a deadline for suppliers to submit their quotations and provide instructions on how they should submit their proposals.
10
Close the RFQ by expressing your appreciation for their time and consideration and providing any necessary contact details for further communication.

Who needs request for quotation shopping?

01
Request for quotation shopping is needed by any individual or organization looking to procure goods or services at competitive prices.
02
It is particularly useful for businesses that require multiple quotes to compare and negotiate before making a purchase decision.
03
Various industries including retail, manufacturing, construction, and hospitality often utilize request for quotation shopping as part of their procurement process.
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Request for quotation shopping is a procurement method used to obtain price quotes from multiple suppliers for goods or services, enabling buyers to compare offers and make informed purchasing decisions.
Typically, government agencies and organizations that are required to adhere to public procurement regulations must file a request for quotation shopping to ensure transparency and competitive pricing.
To fill out a request for quotation shopping, provide details such as the specifications of the goods or services needed, deadline for submission, criteria for evaluation, and any additional terms and conditions.
The purpose of request for quotation shopping is to gather competitive bids from various suppliers to ensure the best price and value for purchases while promoting fairness and transparency in the procurement process.
Information that must be reported includes the item description, quantity, supplier details, prices quoted, terms of payment, and any relevant notes or conditions set by the buyer.
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