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CITY OF ROCKVILLE 111 Maryland Avenue Rockville, MD 20850REQUEST FOR QUOTATION WHEN MAKING INQUIRIES, PLEASE REFERENCE QUOTE RFQ 20/FY19 QUOTATION DUE DATE AND TIME: JANUARY 22, 2019, AT 2 PM ET(THIS
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01
Start by gathering all the necessary information about the product or service you need the quotation for.
02
Prepare a clear and concise description of your requirements, including any specific details or specifications.
03
Identify the quantity or volume needed for the requested product or service.
04
Include any desired delivery or timeline requirements.
05
Determine the preferred currency and payment terms.
06
Research and identify potential suppliers or vendors that can provide the product or service.
07
Contact the selected suppliers or vendors and request their quotation.
08
Provide them with the necessary information and clarify any questions they may have.
09
Collect all the quotations received and compare them based on the criteria important to you.
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Make a decision based on the best quotation that meets your requirements and budget.

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Request for quotation is needed by individuals or organizations who are looking to purchase specific products or services.
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It may be required by procurement departments, purchasing agents, or individuals who need to compare prices and offerings from different suppliers or vendors.
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Request for quotation helps in obtaining competitive bids, evaluating potential suppliers, and making informed purchasing decisions.
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A request for quotation (RFQ) is a formal document issued by a buyer to solicit price and availability information from suppliers for specific goods or services.
Typically, any business or organization looking to purchase goods or services may be required to file an RFQ to ensure they receive competitive pricing and terms.
To fill out an RFQ, specify the items or services needed, include quantity and quality requirements, provide delivery deadlines, and indicate any other relevant terms or conditions.
The purpose of an RFQ is to compare quotes from different suppliers effectively, ensuring the buyer gets the best possible price and terms for their purchase.
An RFQ should report item descriptions, quantities, quality specifications, delivery dates, payment terms, and instructions for suppliers.
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