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SEQ # 725417 April, 2017STATE OF MINNESOTA PRICING PAGE FIXED PRICE1 of 7(Typed Responses Required)Price quote for: Vendor Name: Contact Person: Street Address: P.O. Box: City, State, Zip Phone #:

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How to fill out request for quotation

01

To fill out a request for quotation, follow these steps:

02

Start by providing your contact information, including your name, company name, address, phone number, and email address.

03

Specify the product or service you are requesting a quotation for. Be as detailed as possible, mentioning any specific requirements or specifications.

04

If applicable, include the quantity or volume of the product or service needed.

05

Indicate the desired delivery or completion date.

06

Include any additional information or special instructions that may be important for the quotation process.

07

Once you have provided all the necessary details, submit the request to the relevant party or supplier.

08

Be sure to keep a copy of the request for your records.

09

Remember to be clear and concise with your request to ensure accurate quotations.

Who needs request for quotation?

01

A request for quotation (RFQ) is typically needed by individuals or businesses who are looking to purchase products or services from suppliers or vendors.

02

This could include manufacturers, retailers, construction companies, contractors, event planners, or anyone seeking to procure goods or services for their operations or projects.

03

By submitting an RFQ, these entities can gather information about pricing, availability, terms, and other details from potential suppliers to make informed purchasing decisions.

04

Requesting quotations also allows for price comparisons and negotiation opportunities, ensuring the best value and quality for the requested products or services.

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What is request for quotation?

A request for quotation (RFQ) is a business process in which a company solicits price quotes from suppliers for a specific product or service.

Who is required to file request for quotation?

Typically, businesses or organizations that seek to purchase goods or services and want to compare prices and terms from multiple suppliers are required to file a request for quotation.

How to fill out request for quotation?

To fill out a request for quotation, provide a detailed description of the items or services needed, specify quantities, deadlines, and any particular terms or conditions, and submit this information to suppliers.

What is the purpose of request for quotation?

The purpose of a request for quotation is to obtain competitive pricing and terms from vendors, which helps organizations make informed purchasing decisions.

What information must be reported on request for quotation?

The RFQ should report the product or service description, quantities required, specifications, delivery timelines, payment terms, and any other relevant information.

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