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Department of Electronics and Communication Engineering Guru Jambheshwar University of Science & Technology, His (Haryana)125001INVITATION LETTER Ref. No. Date: Package Code: TEQIPIII/2019/HR/fête/31Current
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How to fill out quotations are invited for

01
Identify the purpose of the quotation. Understand why quotations are being invited and what specific goods, services, or supplies are required.
02
Gather all necessary information. Make sure to have the exact specifications, quantities, and any other relevant details required for the quotation.
03
Prepare a clear and concise document. Create a quotation form or template that includes all the necessary fields such as the sender's and receiver's details, description of the items, unit prices, delivery terms, and payment terms.
04
Do research on potential suppliers. Identify and shortlist potential suppliers or vendors who can provide the required goods or services.
05
Send out the invitations. Contact the selected suppliers and provide them with the quotation form or template, along with any additional instructions or requirements.
06
Set a deadline for submission. Clearly communicate the deadline by which suppliers should submit their quotations.
07
Review and evaluate the received quotations. Assess each quotation based on factors such as price, quality, delivery time, reputation of the supplier, and other relevant considerations.
08
Select the most suitable quotation. Compare the received quotations and select the one that best meets the requirements and offers the most value for money.
09
Notify the selected supplier. Inform the chosen supplier about their successful quotation and proceed with any further discussions or negotiations if necessary.
10
Close the process. Communicate the outcome of the quotation process to all participating suppliers and adhere to any further steps or procedures as required.

Who needs quotations are invited for?

01
Quotations are invited for by various entities and individuals who require goods, services, or supplies. This can include businesses, organizations, government agencies, institutions, and even individuals in some cases. When there is a need to acquire specific items or services, inviting quotations allows for a competitive process to ensure the best possible options are considered. Quotations may be required for a range of purposes such as procurement, contracting, sourcing, purchasing, or obtaining services.
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Quotations are invited for goods or services required by an organization.
Potential suppliers or vendors are required to file quotations.
Quotations can be filled out by providing pricing information, delivery details, and any other requested information.
The purpose of inviting quotations is to obtain competitive pricing and select the best supplier for the organization's needs.
Quotations must include pricing, delivery terms, specifications, and any other required details.
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