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SUPPLY CHAIN MANAGEMENT UNIT24 APRIL 2017 QUOTATIONS ARE HEREBY REQUESTED IN ACCORDANCE WITH THE SCM REGULATIONS SECTION 18 OF THE LOCAL GOVERNMENT MUNICIPAL FINANCE ACT 56 OF 2003, FOR THE PURCHASE
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How to fill out quotations must be submitted

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How to fill out quotations must be submitted

01
To fill out quotations that must be submitted, follow these steps:
02
Start by gathering all the necessary information for the quotation, such as the product/service details, quantity, pricing, and any additional requirements.
03
Open a document or quotation template on your computer or in any preferred software/app for creating quotations.
04
Enter the sender's and recipient's contact information, including names, addresses, phone numbers, and email addresses.
05
Add a unique quotation number and date to identify the quotation accurately and keep track of it.
06
Create a section to describe the products/services being quoted. Include item names, descriptions, quantities, unit prices, and any applicable discounts or taxes.
07
Calculate the subtotal by multiplying the quantity and unit price for each item and summing them up.
08
If there are any discounts, enter the discount amount or percentage, and deduct it from the subtotal to get the discounted subtotal.
09
Add any applicable taxes or additional charges, such as shipping fees or handling charges, to the discounted subtotal to get the total amount.
10
Include payment terms and conditions, such as the preferred payment method, due date, and any penalties for late payment.
11
Provide a validity period for the quotation, specifying until when it is valid.
12
Review the quotation thoroughly to ensure accuracy and completeness.
13
Save the completed quotation as a PDF or print it out if a hard copy is required.
14
Send the quotation to the intended recipient via email, fax, or any other preferred method.
15
Keep a record of the submitted quotation for future reference and follow up if necessary.

Who needs quotations must be submitted?

01
Quotations must be submitted by various individuals and businesses in different industries. Some examples of who needs to submit quotations include:
02
- Contractors bidding for construction projects
03
- Freelancers providing services to clients
04
- Suppliers offering products to potential buyers
05
- Salespeople or sales teams preparing quotes for potential customers
06
- Service providers giving estimates for their services
07
- Organizations responding to Request for Quotations (RFQs) or Request for Proposals (RFPs)
08
- Anyone involved in business transactions that require pricing and product/service details to be communicated formally and in writing.
09
Submitting quotations is a common practice in the business world to establish transparent pricing, terms, and conditions between parties involved in a transaction.
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Quotations must be submitted refer to the formal documentation that includes price proposals from vendors or suppliers for goods and services requested by an organization.
Typically, businesses and contractors who wish to participate in a bidding process to provide goods or services to an organization are required to file quotations.
To fill out quotations, one must provide detailed information including the item description, quantity, price per unit, total cost, and any terms and conditions associated with the offer.
The purpose of submitting quotations is to enable organizations to compare prices and terms from different suppliers and make informed purchasing decisions.
Quotations must include the supplier's contact information, detailed description of the products or services, pricing breakdown, delivery terms, and validity period of the quote.
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