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2nd Floor, Procurement Department, Finance Building, Quezon City Hall CompoundREQUEST FOR QUOTATION SMALL VALUE PROCUREMENT (SECTION 53.9) Date : RFQ No. Name of Company:Address:Contact No.:Project

How to fill out request for quotation

How to fill out request for quotation

1. Step 1: Start by gathering the necessary information about the product or service you want to request a quotation for.
2. Step 2: Research potential suppliers or vendors who can provide the product or service.
3. Step 3: Contact the suppliers or vendors to express your interest in receiving a quotation.
4. Step 4: Provide detailed specifications for the product or service, including quantity, quality requirements, and any specific features or variations.
5. Step 5: Clearly outline the delivery timeline or any specific deadlines.
6. Step 6: Request pricing information, including unit prices, any applicable discounts, and payment terms.
7. Step 7: Include any additional terms or conditions that are important to your request.
8. Step 8: Provide your contact information and any preferred method of communication.
9. Step 9: Review and proofread the request for quotation before sending it to ensure accuracy and clarity.
10. Step 10: Send the request for quotation to the selected suppliers or vendors.
11. Step 11: Evaluate the received quotations and compare them based on price, quality, delivery terms, and other factors.
12. Step 12: Follow up with the suppliers or vendors if you require additional information or need to negotiate terms.
13. Step 13: Select the most suitable quotation and proceed with further discussions or finalize the purchase agreement.

Who needs request for quotation?

1. Request for quotation is needed by individuals or businesses who are looking to procure products or services from suppliers or vendors.
2. It is commonly used in procurement and purchasing processes to gather information on pricing, availability, and terms from multiple sources.
3. Small businesses, large corporations, and even individual consumers may need a request for quotation depending on their purchasing needs.
4. By sending a request for quotation, the requester can evaluate different offers and make informed decisions on the best product or service provider for their requirements.

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What is request for quotation?

A request for quotation is a document used in procurement to request price quotations from suppliers for specific goods or services.

Who is required to file request for quotation?

The person or organization looking to purchase goods or services is required to file a request for quotation.

How to fill out request for quotation?

A request for quotation is typically filled out by detailing the requirements for the goods or services needed and sending it to potential suppliers to provide pricing.

What is the purpose of request for quotation?

The purpose of a request for quotation is to gather pricing information from suppliers in order to make informed purchasing decisions.

What information must be reported on request for quotation?

Information such as the quantity of goods or services needed, specifications, delivery requirements, and any other specific details must be reported on a request for quotation.